If you can add a note in readme or some place, it will be helpful to know how this differs from other inotify packages - like https://github.com/dsoprea/PyInotify
This one seems to be better documented for a start. The other one seems more lean... and it says that this one is obsolete - I presume that one was started because of some shortcoming here.
If you can add a note in readme or some place, it will be helpful to know how this differs from other inotify packages - like https://github.com/dsoprea/PyInotify