Ah. That's not a limitation of Python, but a limitation of sqlite. See 

http://www.sqlite.org/c3ref/bind_blob.html

for how parameter binding works. The table name is not supported as a parameter; neither are column names or database names.

So if you want this feature added, please request it from the sqlite developers; Python will then naturally inherit it. I'm skeptical that they are open to such a proposal, though, since it will be a massive change in SQL parsing.