= Problem =
If you specify the '''optimize''' option in your ''setup.py'', this will only be used for the compiling of the needed modules, not for your main module!<<BR>>For example if you have the following ''setup.py'':
{{{
#!python
from distutils.core import setup
import py2exe

setup(
	options={"py2exe":{"optimize":2}},
	console=["beep.py"]
)
}}}
The bytecode embedded in the resulting .exe will not be optimised.

= Solution =
To get optimized bytecode, you need to call the ''setup.py'' like so:
{{{
python -OO setup.py py2exe
}}}