Using functions with "action-at-a-distance" through sys.settraceback may be okay for an obscure feature that can't be had any other way yet doesn't merit changes to the language, but that's not the situation for decorators. The widely held view here is that decorators need to be added as a syntactic feature to avoid the problems with the postfix notation used in 2.2 and 2.3. Decorators are slated to be an important new language feature and their design needs to be forward-looking, not constrained by what can be implemented in 2.3.
There is general agreement that syntactic support is desirable to the current state of affairs. Guido mentioned syntactic support for decorators  in his DevDay keynote presentation at the 10th Python Conference , though he later said  it was only one of several extensions he proposed there "semi-jokingly". Michael Hudson raised the topic  on python-dev shortly after the conference, attributing the initial bracketed syntax to an earlier proposal on comp.lang.python by Gareth McCaughan .
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Just take a look at the code again. In the if/else clause we are returning greet and welcome, not greet() and welcome(). Why is that? It’s because when you put a pair of parentheses after it, the function gets executed; whereas if you don’t put parenthesis after it, then it can be passed around and can be assigned to other variables without executing it. Did you get it? Let me explain it in a little bit more detail. When we write a = hi(), hi() gets executed and because the name is yasoob by default, the function greet is returned. If we change the statement to a = hi(name = "ali") then the welcome function will be returned. We can also do print hi()() which outputs now you are in the greet() function.
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