After looking into install.py, it seems that everything is at its place. Check that in the definition of TexliveDirs, at the beginning of the file, there is a pointer to the "texmf-local" directory.
You find the right value by saying, at the command line
kpsewhich -var-value TEXMFLOCAL
If the answer is not in that definition, put it there. For example, on
Mac OS X there's not the right one. :(
Run the installation with suitable privileges:
sudo make install
are the correct way to put things in the right places (in the instructions the lines are those preceded by
I'll give a try on a Ubuntu machine.
The installation of the fonts has been successful on Ubuntu 11.04; the steps were as follows
1) edit install.py in such a way that the local directory name is present; for my case, where TeX Live 2010 is the TeX distribution, it's just to have
in the first lines of the file, as the command
kpsewhich -var-value TEXMFLOCAL answers
./install.py but specifying the path for the necessary binaries; I usually create a soft link
/opt/texbin to the binaries, so
did the job.
If the TeX distribution is the TeX Live 2009/Ubuntu no adjustment should be necessary.