I'm planning to use Python to develop a web application. Anybody has any idea about any accelerator for python? (something like eAccelerator or apc for php) if not, is there any way to cache the pre-compiled python bytecode ? 
Any idea about the performance comparison between python and php (assuming db/network latencies are same)
Thanks in advance.
Others have mentioned Python byte code files, but that is largely irrelevant. This is because hosting mechanisms for Python, with the exception of CGI, keep the Python web Application in memory between requests. This is different to PHP which effectively throws away the application between requests. As such, Python doesn't need an accelerator as the way Python web hosting mechanisms work avoids the problems that PHP has.
Python accelerator