lshell lets you restrict a user's shell environment to limited sets of commands, choose to enable or disable any command over SSH (e.g. SCP, SFTP, rsync, etc.), log user's commands, implement timing restrictions, and more.
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The setup.py in the source package is now BSD compatible (using the --install-data flag). Log levels have been implemented, going from not verbose at all (i.e. 0) to very verbose (i.e. 3). A specific log file is now created by the user in the log directory. A minor import bug has been corrected.