Changes that appear to give another 12% speedup.

Rather than allocating a list object for the fast locals and another
(extensible one) for the value stack and allocating the block stack
dynamically, allocate the block stack with a fixed size (CO_MAXBLOCKS
from compile.h), and stick the locals and value stack at the end of
the object (this is now possible since the stack size is known
beforehand).  Get rid of the owner field and the nvalues argument --
it is available in the code object, like nlocals.

This requires small changes in ceval.c only.
diff --git a/Objects/frameobject.c b/Objects/frameobject.c
index 546f1e8..2814455 100644
--- a/Objects/frameobject.c
+++ b/Objects/frameobject.c
@@ -47,10 +47,6 @@
 	{"f_builtins",	T_OBJECT,	OFF(f_builtins),RO},
 	{"f_globals",	T_OBJECT,	OFF(f_globals),	RO},
 	{"f_locals",	T_OBJECT,	OFF(f_locals),	RO},
-	{"f_owner",	T_OBJECT,	OFF(f_owner),	RO},
-#if 0
-	{"f_fastlocals",T_OBJECT,	OFF(f_fastlocals),RO}, /* XXX Unsafe */
-#endif
 	{"f_lasti",	T_INT,		OFF(f_lasti),	RO},
 	{"f_lineno",	T_INT,		OFF(f_lineno),	RO},
 	{"f_restricted",T_INT,		OFF(f_restricted),RO},
@@ -84,10 +80,8 @@
    is on the free list, only the following members have a meaning:
 	ob_type		== &Frametype
 	f_back		next item on free list, or NULL
-	f_nvalues	size of f_valuestack
-	f_valuestack	array of (f_nvalues+1) object pointers, or NULL
-	f_nblocks	size of f_blockstack
-	f_blockstack	array of (f_nblocks+1) blocks, or NULL
+	f_nlocals	number of locals
+	f_stacksize	size of value stack
    Note that the value and block stacks are preserved -- this can save
    another malloc() call or two (and two free() calls as well!).
    Also note that, unlike for integers, each frame object is a
@@ -109,8 +103,6 @@
 	XDECREF(f->f_builtins);
 	XDECREF(f->f_globals);
 	XDECREF(f->f_locals);
-	XDECREF(f->f_owner);
-	XDECREF(f->f_fastlocals);
 	XDECREF(f->f_trace);
 	f->f_back = free_list;
 	free_list = f;
@@ -134,28 +126,26 @@
 };
 
 frameobject *
-newframeobject(back, code, globals, locals, owner, nvalues, nblocks)
+newframeobject(back, code, globals, locals)
 	frameobject *back;
 	codeobject *code;
 	object *globals;
 	object *locals;
-	object *owner;
-	int nvalues;
-	int nblocks;
 {
 	static object *builtin_object;
 	frameobject *f;
 	object *builtins;
+	int extras = code->co_stacksize + code->co_nlocals;
+
 	if (builtin_object == NULL) {
 		builtin_object = PyString_InternFromString("__builtins__");
 		if (builtin_object == NULL)
 			return NULL;
 	}
 	if ((back != NULL && !is_frameobject(back)) ||
-		code == NULL || !is_codeobject(code) ||
-		globals == NULL || !is_dictobject(globals) ||
-		(locals != NULL && !is_dictobject(locals)) ||
-		nvalues < 0 || nblocks < 0) {
+	    code == NULL || !is_codeobject(code) ||
+	    globals == NULL || !is_dictobject(globals) ||
+	    (locals != NULL && !is_dictobject(locals))) {
 		err_badcall();
 		return NULL;
 	}
@@ -167,16 +157,21 @@
 		return NULL;
 	}
 	if (free_list == NULL) {
-		f = NEWOBJ(frameobject, &Frametype);
+		f = (frameobject *)
+			malloc(sizeof(frameobject) + extras*sizeof(object *));
 		if (f == NULL)
-			return NULL;
-		f->f_nvalues = f->f_nblocks = 0;
-		f->f_valuestack = NULL;
-		f->f_blockstack = NULL;
+			return (PyFrameObject *)err_nomem();
+		f->ob_type = &Frametype;
+		NEWREF(f);
 	}
 	else {
 		f = free_list;
 		free_list = free_list->f_back;
+		if (f->f_nlocals + f->f_stacksize < extras) {
+			f = realloc(f, sizeof(frameobject) + extras*sizeof(object *));
+			if (f == NULL)
+				return (PyFrameObject *)err_nomem();
+		}
 		f->ob_type = &Frametype;
 		NEWREF(f);
 	}
@@ -205,58 +200,23 @@
 		INCREF(locals);
 	}
 	f->f_locals = locals;
-	XINCREF(owner);
-	f->f_owner = owner;
-	f->f_fastlocals = NULL;
-	if (code->co_nlocals > 0) {
-		f->f_fastlocals = newlistobject(code->co_nlocals);
-		if (f->f_fastlocals == NULL) {
-			DECREF(f);
-			return NULL;
-		}
-	}
-	if (nvalues > f->f_nvalues || f->f_valuestack == NULL) {
-		XDEL(f->f_valuestack);
-		f->f_valuestack = NEW(object *, nvalues+1);
-		f->f_nvalues = nvalues;
-	}
-	if (nblocks > f->f_nblocks || f->f_blockstack == NULL) {
-		XDEL(f->f_blockstack);
-		f->f_blockstack = NEW(block, nblocks+1);
-		f->f_nblocks = nblocks;
-	}
-	f->f_iblock = 0;
+	f->f_trace = NULL;
+
 	f->f_lasti = 0;
 	f->f_lineno = -1;
 	f->f_restricted = (builtins != getbuiltindict());
-	f->f_trace = NULL;
-	if (f->f_valuestack == NULL || f->f_blockstack == NULL) {
-		err_nomem();
-		DECREF(f);
-		return NULL;
-	}
+	f->f_iblock = 0;
+	f->f_nlocals = code->co_nlocals;
+	f->f_stacksize = code->co_stacksize;
+
+	while (--extras >= 0)
+		f->f_localsplus[extras] = NULL;
+
+	f->f_valuestack = f->f_localsplus + f->f_nlocals;
+
 	return f;
 }
 
-#if 0
-object **
-extend_stack(f, level, incr)
-	frameobject *f;
-	int level;
-	int incr;
-{
-	f->f_nvalues = level + incr + 10;
-	f->f_valuestack =
-		(object **) realloc((ANY *)f->f_valuestack,
-				    sizeof(object *) * (f->f_nvalues + 1));
-	if (f->f_valuestack == NULL) {
-		err_nomem();
-		return NULL;
-	}
-	return f->f_valuestack + level;
-}
-#endif
-
 /* Block management */
 
 void
@@ -267,7 +227,7 @@
 	int level;
 {
 	block *b;
-	if (f->f_iblock >= f->f_nblocks)
+	if (f->f_iblock >= CO_MAXBLOCKS)
 		fatal("XXX block stack overflow");
 	b = &f->f_blockstack[f->f_iblock++];
 	b->b_type = type;
@@ -292,8 +252,9 @@
 fast_2_locals(f)
 	frameobject *f;
 {
-	/* Merge f->f_fastlocals into f->f_locals */
-	object *locals, *fast, *map;
+	/* Merge fast locals into f->f_locals */
+	object *locals, *map;
+	object **fast;
 	object *error_type, *error_value, *error_traceback;
 	int j;
 	if (f == NULL)
@@ -306,17 +267,19 @@
 			return;
 		}
 	}
-	fast = f->f_fastlocals;
-	if (fast == NULL || f->f_code->co_nlocals == 0)
+	if (f->f_nlocals == 0)
 		return;
 	map = f->f_code->co_varnames;
-	if (!is_dictobject(locals) || !is_listobject(fast) ||
-	    !is_tupleobject(map))
+	if (!is_dictobject(locals) || !is_tupleobject(map))
 		return;
 	err_fetch(&error_type, &error_value, &error_traceback);
-	for (j = gettuplesize(map); --j >= 0; ) {
+	fast = f->f_localsplus;
+	j = gettuplesize(map);
+	if (j > f->f_nlocals)
+		j = f->f_nlocals;
+	for (; --j >= 0; ) {
 		object *key = gettupleitem(map, j);
-		object *value = getlistitem(fast, j);
+		object *value = fast[j];
 		if (value == NULL) {
 			err_clear();
 			if (dict2remove(locals, key) != 0)
@@ -335,31 +298,36 @@
 	frameobject *f;
 	int clear;
 {
-	/* Merge f->f_locals into f->f_fastlocals */
-	object *locals, *fast, *map;
+	/* Merge f->f_locals into fast locals */
+	object *locals, *map;
+	object **fast;
 	object *error_type, *error_value, *error_traceback;
 	int j;
 	if (f == NULL)
 		return;
 	locals = f->f_locals;
-	fast = f->f_fastlocals;
 	map = f->f_code->co_varnames;
 	if (locals == NULL || fast == NULL || f->f_code->co_nlocals == 0)
 		return;
-	if (!is_dictobject(locals) || !is_listobject(fast) ||
-	    !is_tupleobject(map))
+	if (!is_dictobject(locals) || !is_tupleobject(map))
 		return;
 	err_fetch(&error_type, &error_value, &error_traceback);
-	for (j = gettuplesize(map); --j >= 0; ) {
+	fast = f->f_localsplus;
+	j = gettuplesize(map);
+	if (j > f->f_nlocals)
+		j = f->f_nlocals;
+	for (; --j >= 0; ) {
 		object *key = gettupleitem(map, j);
 		object *value = dict2lookup(locals, key);
 		if (value == NULL)
 			err_clear();
 		else
 			INCREF(value);
-		if (value != NULL || clear)
-			if (setlistitem(fast, j, value) != 0)
-				err_clear();
+		if (value != NULL || clear) {
+			XDECREF(fast[j]);
+			XINCREF(value);
+			fast[j] = value;
+		}
 	}
 	err_restore(error_type, error_value, error_traceback);
 }