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Re:PyPy 1.6 Released - Full Python 2.7.1 Implementation by Freaky on Thursday August 18, 2011 @05:37PM (#2901210)
If it's mainly the performance you're after, have a look at JRuby. It's already a decent chunk faster than MRI/YARV, and with Java 7 and invokedynamic there's a lot more to look forward to and play with now.

Last week one of the JRuby core devs tweeted: "Ok, another set of tweaks in JRuby and fib(35) is another 10% faster (and only about 10% slower than Java. Do I stop now?"

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