IMO it is the most value for money (i.e. time and convenience) debugging tool I've used till now. Simply write (TRACE function1 function2 ...) in the REPL and you will get a nicely formatted output of arguments passed and value(s) returned for each invocation of the given functions. Another nice feature is that a deeper an invocation is in the stack the more it is indented -- so recursive functions are fairly easy to debug too.
You can't use it for everything but its sufficient most of the time.
PySnooper looks good, but it is inconvenient in a couple of ways:
1. It prints every line of the traced function -- most of the time this is overkill and not what one needs. 2. To snoop on a function you need to modify the source file. Not a deal breaker but you still have to remember to revert this.