Now you can. See an example, where a figure originally generated with Matlab is replicated with Pylab.

To prepare your figures, follow the rules similar to those for Matlab and Mathematica figures:

1. Create a directory called Pylab.
2. Put figure-generating python scripts in this directory.
3. Each script should have a .py suffix
4. Each script should end with a command like

savefig('junk_py.eps');

(the name junk_py.eps is important.)