Is using the Simple Mail Transfer Protocol SMTP for sending emails from Python the correct approach or are there any potential pitfalls I should be aware of

Question

from smtplib import SMTP
import datetime

debuglevel = 0

smtp = SMTP()
smtp.set_debuglevel(debuglevel)
smtp.connect('YOUR.MAIL.SERVER', 26)
smtp.login('USERNAME@DOMAIN', 'PASSWORD')

from_addr = "John Doe <john@doe.net>"
to_addr = "foo@bar.com"

subj = "hello"
date = datetime.datetime.now().strftime( "%d/%m/%Y %H:%M" )

message_text = "Hello\nThis is a mail from your server\n\nBye\n"

msg = "From: %s\nTo: %s\nSubject: %s\nDate: %s\n\n%s" 
        % ( from_addr, to_addr, subj, date, message_text )

smtp.sendmail(from_addr, to_addr, msg)
smtp.quit()