I have a tough time understanding how signals work into my application (and how they work period). These are three areas where I assume they would apply (with my current knowledge):
Am I totally off base (I feel I might be). Am I getting signals and multi threading mixed up? If so, do they compare in there application? Are they only for decoupling? Also, what's the deal with making sure you instantiate them early and don't use a local function (because they'll get garbage collected)? Can someone elaborate on that? Should I put them all in request Middleware so that I don't have to worry?
Django Signals are a way to perform an action A in response to an event E.
In a unreal world you can avoid using signals by modifying the code where the event E occurs and appending the code to perform the action A.
The problem is that doing so you loose maintainability, readability and a lot of other software engineering adjectives :)
Signals allow you to do the same thing indipendently from where or how the event E occurs and so doing so in a clever way that allow maintanability, readability, etc...
Yes, I think that saying that Signals are useful to enable decoupling is really true.
(You also mentioned multi threading. If you did so because you think signals are good because they are executed concurrently and so quickly... Well... I don't know if they are concurrently executed but anyway I really don't think this is the point for what django signals are useful for)
An example of a good way of taking advantage of Signals is about the fact that when you want to store other information to an user in django you have to use Userprofiles. In this case, the documentation itself, tell you that it may be convenient to register a signal in response to any creation of new users just to add to the new created users an empty user profile.