You want a thin veneer? That's easy to cook up. Try the following trivial wrapper around ElementTree as a start:

# geetree.py
import xml.etree.ElementTree as ET

class GeeElem(object):
    """Wrapper around an ElementTree element. a['foo'] gets the
       attribute foo, a.foo gets the first subelement foo."""
    def __init__(self, elem):
        self.etElem = elem

    def __getitem__(self, name):
        res = self._getattr(name)
        if res is None:
            raise AttributeError, "No attribute named '%s'" % name
        return res

    def __getattr__(self, name):
        res = self._getelem(name)
        if res is None:
            raise IndexError, "No element named '%s'" % name
        return res

    def _getelem(self, name):
        res = self.etElem.find(name)
        if res is None:
            return None
        return GeeElem(res)

    def _getattr(self, name):
        return self.etElem.get(name)

class GeeTree(object):
    "Wrapper around an ElementTree."
    def __init__(self, fname):
        self.doc = ET.parse(fname)

    def __getattr__(self, name):
        if self.doc.getroot().tag != name:
            raise IndexError, "No element named '%s'" % name
        return GeeElem(self.doc.getroot())

    def getroot(self):
        return self.doc.getroot()

You invoke it so:

>>> import geetree
>>> t = geetree.GeeTree('foo.xml')
>>> t.xml_api_reply.weather.forecast_information.city['data']
'Mountain View, CA'
>>> t.xml_api_reply.weather.current_conditions.temp_f['data']
'68'

In the standard library, ElementTree works fine if you just want to extract data from XML.

If you want to edit and save XML use LXML. The standard library implementations are incomplete and can't replicate some constructs. For example they move all namespace tags to the root node and will save XML that contains forbidden other characters.

Also consider defusedxml which monkeypatches the standard library against malformed XML.