Download and install Magnolya
Get the source code from Sourceforge
$> git clone ssh://git.code.sf.net/p/magnolya/code magnolya
cd into the magnolya directory
$> cd magnolya
Install the code
$> python --prefix /my/bin/ install.py
Add binaries to PATH
$> export PATH=/my/bin/:$PATH
Add lib to PYTHONPATH
$> export PYTHONPATH=/installdir/magnolya/lib:$PYTHONPATH