pypanel 
/usr/bin/pypanel:892: RuntimeWarning: Python C API version mismatch for module ppmodule: This Python has API version 1013, module ppmodule has version 1012.
  from ppmodule import ppinit, ppshade, ppicon, ppfont, ppfontsize, ppclear

pypanelrc version : None
pypanel   version : 2.4

A current pypanelrc example can be found here -
/usr/lib/python2.5/site-packages/pypanel/pypanelrc

Traceback (most recent call last):
  File "/usr/bin/pypanel", line 957, in <module>
    PyPanel(display.Display())
  File "/usr/bin/pypanel", line 51, in __init__
    self.lgc = self.root.create_gc(foreground=self.getColor(LINE_COLOR))
NameError: global name 'LINE_COLOR' is not defined