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I am not sure if this is actually a bug. 
Given documentation @ http://docs.python.org/release/2.5.2/ref/identifiers.html, the issue is that setattr does not appear to check identifier for naming convention.
See a short example below. Running on windows
>>> sys.version_info(major=2, minor=7, micro=1, releaselevel='final', serial=0)
>>> sys.version_info
sys.version_info(major=2, minor=7, micro=1, releaselevel='final', serial=0)
>>> class Example():
	pass
>>> example = Example()
>>> example.@foo = 4
SyntaxError: invalid syntax
>>> setattr(example, '@foo', 'bar')
>>> dir(example)
['@foo', '__doc__', '__module__']
>>> example.@foo
SyntaxError: invalid syntax
>>> getattr(example, '@foo')
'bar'

It's not a bug. The specification of identifiers refers only to the places where they appear in the language grammar, i.e. what you can put into source code. What parameters objects accept in __setattr__ is an entirely different question. Some objects may check for well-formedness, some objects may accept only a small number of identifiers (e.g. when they use __slots__), some may accept non-strings as attribute names.