User Reviews
CakePHP: Cake, Yum
Cake will make your php life easier. That said, like all OO php, the stack can be relatively heavy. So get familiar with a good opcache and some of the caching tools in cake (or memcache). IMHO go straight to 1.2 which is an RC2. Also take a look at the 'bakery' http://bakery.cakephp.org/ which will give a leg up with helpful components, etc. All in all cakephp is one of the best organized and executed php projects I've used.
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Django: Django Learning Curve
If you've used Python in any capacity before, or gone through some or all of "Dive Into Python", I think you'll be amazed at how quickly you can get basic things up and running. If you've got intermediate Python skills I think you'll be amazed at how much you can customize. If you've got mad python skills I think you'll be amazed at how complete and useful a general framework Django can be for your web work. Be sure to take a look at how active