Why not. Are you familiar with SciPy's `weave` module? It's basically a plugin for plugging C++ code into your Python. In a variety of extremely cool compile-on-the-fly ways. It's really quite sweet :)

No reason you can't do that with Python 2.7. Should be easier in fact because the interface will be much thinner.

I am NOT saying this is a good idea however! Haha