Below are some things that are explicitly not httpy's job, with pointers to tools that do these jobs well. Where non-Python tools are mentioned, Python substitutes can almost certainly be found or built. Such substitutes can be used either above or below httpy on your stack.
httpylogs access to the standard output and errors to the standard error. The access log is in Apache's Combined Log Format. More complex logging requirements can usually be handled with standard tools such as shell redirections. Any of the above proxies could also be useful, as well as the multilog program included with daemontools.
httpy is Zeta software. It is copyright © 2006 by Chad Whitacre, and is offered free of charge, warranty, and restrictions.