Mako is licensed under an MIT-style license (see LICENSE).
Other incorporated projects may be licensed under different licenses.
All licenses allow for non-commercial and commercial use.

To install:

    python setup.py install

SVN checkouts also inlcude setup.cfg file allowing setuptools to create 
an svn-tagged build.  

Documentation is available in HTML format in the ./doc/ directory.

Unit tests run via nose, and are available via setup.py:

    python setup.py test
        
Or direct nose usage:

    nosetests -v

For Python 3 information, see README.py3k.

good luck !