How to use MySQLdb with Python and Django in OSX 10.6?

This is a much discussed issue for OSX 10.6 users, but I haven't been able to find a solution that works. Here's my setup:

Python 2.6.1 64bit Django 1.2.1 MySQL 5.1.47 osx10.6 64bit

I create a virtualenvwrapper with --no-site-packages, then installed Django. When I activate the virtualenv and run python manage.py syncdb, I get this error:

Traceback (most recent call last):
File "manage.py", line 11, in <module>
  execute_manager(settings)
File "/Users/joerobinson/.virtualenvs/dj_tut/lib/python2.6/site-packages/django/core/management/__init__.py", line 438, in execute_manager
  utility.execute()
File "/Users/joerobinson/.virtualenvs/dj_tut/lib/python2.6/site-packages/django/core/management/__init__.py", line 379, in execute
  self.fetch_command(subcommand).run_from_argv(self.argv)
File "/Users/joerobinson/.virtualenvs/dj_tut/lib/python2.6/site-packages/django/core/management/__init__.py", line 257, in fetch_command
  klass = load_command_class(app_name, subcommand)
File "/Users/joerobinson/.virtualenvs/dj_tut/lib/python2.6/site-packages/django/core/management/__init__.py", line 67, in load_command_class
  module = import_module('%s.management.commands.%s' % (app_name, name))
File "/Users/joerobinson/.virtualenvs/dj_tut/lib/python2.6/site-packages/django/utils/importlib.py", line 35, in import_module
  __import__(name)
File "/Users/joerobinson/.virtualenvs/dj_tut/lib/python2.6/site-packages/django/core/management/commands/syncdb.py", line 7, in <module>
from django.core.management.sql import custom_sql_for_model, emit_post_sync_signal
File "/Users/joerobinson/.virtualenvs/dj_tut/lib/python2.6/site-packages/django/core/management/sql.py", line 5, in <module>
from django.contrib.contenttypes import generic
File "/Users/joerobinson/.virtualenvs/dj_tut/lib/python2.6/site-packages/django/contrib/contenttypes/generic.py", line 6, in <module>
  from django.db import connection
File "/Users/joerobinson/.virtualenvs/dj