I ran into a situation where I needed to have an appendable string of unknown size. These are the benchmark results (python 2.7.3):
$ python -m timeit -s 's=""' 's+="a"'
10000000 loops, best of 3: 0.176 usec per loop
$ python -m timeit -s 's=[]' 's.append("a")'
10000000 loops, best of 3: 0.196 usec per loop
$ python -m timeit -s 's=""' 's="".join((s,"a"))'
100000 loops, best of 3: 16.9 usec per loop
$ python -m timeit -s 's=""' 's="%s%s"%(s,"a")'
100000 loops, best of 3: 19.4 usec per loop
This seems to show that '+=' is the fastest. The results from the skymind link are a bit out of date.
(I realize that the second example is not complete, the final list would need to be joined. This does show, however, that simply preparing the list takes longer than the string concat.)