PyPy questions

[Allen]

I read the website of some information about PyPy, and how a translator 
translates the RPython code to C/CLI/Java/etc to be compiled to a native 
executable or something like that.  Would it be possible, in PyPy, to 
write such an extension that could easily be compiled to native code 
from Python code?  Is this functionality planned in a future release of 
it?  Also, how is the source distributed (If I opt to use it I will end 
up compiling it on a system without an initial python install (a scratch 
linux system)), so does the source include the generated C code?

B. Vanderburg II