We haven't decided on a name yet (that will come much later" but the forum will definately not be called "PythonMonks." To do so would seem like a cheap ripoff and would imply an association with this site. Like I said, it will be fairly different.
While the new engine and site are cool and all, I think that best things (and PerlMonks is among them) should be taken into consideration and studied from. Something like a web ring of sites like this for different languages would really help to bring developer crowd closer together and share the minds. It even might decrease the amount of useless flames on the web, who knows. :)