Difference between Python's Generators and Iterators

Question

What is the difference between iterators and generators? Some examples for when you would use each case would be helpful.

Answer 1

Everybody has a really nice and verbose answer with examples and I really appreciate it. I just wanted to give a short few lines answer for people who are still not quite clear conceptually:

If you create your own iterator, it is a little bit involved - you have to create a class and at least implement the iter and the next methods. But what if you don't want to go through this hassle and want to quickly create an iterator. Fortunately, Python provides a short-cut way to defining an iterator. All you need to do is define a function with at least 1 call to yield and now when you call that function it will return "something" which will act like an iterator (you can call next method and use it in a for loop). This something has a name in Python called Generator

Hope that clarifies a bit.