text: Just hack boot_common.py to do what you want in the .exe version.
  From: sharpblade
  [mailto:sharpblade1@gmail.com]
  Sent: Wednesday, March 31, 2010 8:41 AM
  To: py2exe-users@lists.sourceforge.net
  Subject: [Py2exe-users] Py2exe "preprocessor" suggestion
  I am writing a rather large application, which will be
  compiled using py2exe. One issue I have come into is that for testing purposes
  my code has a lot of print statements in it, which I don't want inside the main
  "final" application. To fix this I simply routed all sys.stdout into
  a black hole, and it works fine. However this got me thinking about a feature
  that could be added into py2exe - some kind of global compile-time variables
  that can be queried at runtime.
  For example to switch between my debug and "final" builds I flick a boolean object from True to False, then run my setup.py. Is it possible to give py2exe a dictionary of keys and values that gets hardcoded into the completed binary (Maybe in the bootstrap somewhere, or in a extra module that gets included automatically), so I can have one codebase and simply change the setup.py values.
  Example:
  ----------------------------------------------
  import py2exevars
  if not py2exevars.get("debug"):
  sys.stdout = blackHole()
  ----------------------------------------------
  The value of "debug" is set in the setup.py file, so you can alter code flow by changing the setup.py rather than the actual code itself.