Simply delete the fpectl module, instead of leaving it commented out;
    if people want to compile it, they should edit Modules/Setup, not setup.py
diff --git a/setup.py b/setup.py
index e0c6686..5b11ad9 100644
--- a/setup.py
+++ b/setup.py
@@ -650,28 +650,6 @@
                                    libraries = ['panel'] + curses_libs) )
 
 
-
-        # Lee Busby's SIGFPE modules.
-        # The library to link fpectl with is platform specific.
-        # Choose *one* of the options below for fpectl:
-
-        # Disabled; it's dangerous or useless except in the hands of experts.
-##        if platform == 'irix5':
-##            # For SGI IRIX (tested on 5.3):
-##            exts.append( Extension('fpectl', ['fpectlmodule.c'],
-##                                   libraries=['fpe']) )
-##        elif 0: # XXX how to detect SunPro?
-##            # For Solaris with SunPro compiler (tested on Solaris 2.5
-##            # with SunPro C 4.2): (Without the compiler you don't have
-##            # -lsunmath.)
-##            #fpectl fpectlmodule.c -R/opt/SUNWspro/lib -lsunmath -lm
-##            pass
-##        else:
-##            # For other systems: see instructions in fpectlmodule.c.
-##            #fpectl fpectlmodule.c ...
-##            exts.append( Extension('fpectl', ['fpectlmodule.c']) )
-
-
         # Andrew Kuchling's zlib module.  Note that some versions of zlib
         # 1.1.3 have security problems.  See CERT Advisory CA-2002-07:
         # http://www.cert.org/advisories/CA-2002-07.html