It's the same answer.  __init__ *is* the package namespace, so you are setting the value of 'func' in the package (.) namespace, and what import is doing is correct.

I know this is confusing.  I banged my head against it while debugging a weird import problem in the anydb module, but it is working as designed.  I think the way __init__ works may fall under rule 14 of the Zen :)