Convert binary to ASCII and vice versa

Question

Using this code to take a string and convert it to binary:

bin(reduce(lambda x, y: 256*x+y, (ord(c) for c in \'hello\'), 0))

this outputs:<

Answer 1

This is a spruced up version of J.F. Sebastian's. Thanks for the snippets though J.F. Sebastian.

import binascii, sys
def goodbye():
    sys.exit("\n"+"*"*43+"\n\nGood Bye! Come use again!\n\n"+"*"*43+"")
while __name__=='__main__':
    print "[A]scii to Binary, [B]inary to Ascii, or [E]xit:"
    var1=raw_input('>>> ')
    if var1=='a':
        string=raw_input('String to convert:\n>>> ')
        convert=bin(int(binascii.hexlify(string), 16))
        i=2
        truebin=[]
        while i!=len(convert):
            truebin.append(convert[i])
            i=i+1
        convert=''.join(truebin)
        print '\n'+'*'*84+'\n\n'+convert+'\n\n'+'*'*84+'\n'
    if var1=='b':
        binary=raw_input('Binary to convert:\n>>> ')
        n = int(binary, 2)
        done=binascii.unhexlify('%x' % n)
        print '\n'+'*'*84+'\n\n'+done+'\n\n'+'*'*84+'\n'
    if var1=='e':
        aus=raw_input('Are you sure? (y/n)\n>>> ')
        if aus=='y':
            goodbye()