Simple TCP Server || Daemonize || Continuous

[Metnetsky]

I found the following code courtesy of the great Python docs (thank you 
whomever).  I was wondering what I might have to do in order to turn this 
simple TCP-server into a *nix daemon, and how to keep the server accepting 
continuous connections.  I tried playing around with the code to keep it 
going, but I'm apparently not completely understanding the code (which I'm 
sure I can get).  The big thing here is the transformation into a daemon.  
How can I make this python script fork itself away from it's parent?  

===
#!/usr/bin/python

# Echo server program
import socket

HOST = '127.0.0.1'      # Symbolic name meaning the local host
PORT = 50007            # Arbitrary non-privileged port

s = socket.socket(socket.AF_INET, socket.SOCK_STREAM)
s.bind((HOST, PORT))
s.listen(1)
conn, addr = s.accept()

print 'Connected by', addr

while 1:
        data = conn.recv(1024)
        if not data: 
                break
        conn.send(data)
    
conn.close()
===

Thanks in advance,

Matthew Metnetsky