Simon Knight

If a class does not define a __cmp__() or __eq__() method it should not define a __hash__() operation either; if it defines __cmp__() or __eq__() but not __hash__(), its instances will not be usable in hashed collections. If a class defines mutable objects and implements a __cmp__() or __eq__() method, it should not implement __hash__(), since hashable collection implementations require that a object’s hash value is immutable (if the object’s hash value changes, it will be in the wrong hash bucket).

http://docs.python.org/reference/datamodel.html#object.__hash__