Launch an IPython shell on exception

Question

Is there a way to launch an IPython shell or prompt when my program runs a line that raises an exception?

I\'m mostly interested in the context, variables, in the sc

Answer 1

Update for IPython v0.13:

import sys
from IPython.core import ultratb
sys.excepthook = ultratb.FormattedTB(mode='Verbose',
     color_scheme='Linux', call_pdb=1)