Hooking into the whole Python way of distributing code

I'm just getting into this topic, but it seems that Python Eggs are the way to go. Here's a good tutorial:

http://mrtopf.de/blog/en/a-small-introduction-to-python-eggs/

In the long term, I'd like to be able to do:

pip install <name of python lib I've made>

And host my code on PyPi etc.