My rst2pdf script has had several things happen to it.
It got another guy working on it: Christoph Zwerschke
It's on googlecode now: http://rst2pdf.googlecode.org
Christoph made a number of improvements:
bulleted and enumerated list simplified, use same font as text for bullets and numbers
links in table of contents work
compress literal sections horizontally so that they always fit on the page
I have integrated hyphenation using wordaxe (works only with reportlab 2.1)
The output using hyphenation is really ugly right now (for example, I get a black square instead of an hyphen) but it's a small step forward.