Anyway, if others agree that the ability to execute a suite at def exeuction time to preinitialise a function's locals without resorting to bytecode hacks is worth having, finding a decent syntax is the next trick :)
I'm not certain how many use cases really require a full suite, though being able to define default values for function locals in the same way that default values can be defined for function arguments would be nice.
Worth looking at is the thread:
http://groups-beta.google.com/group/comp.lang.python/browse_thread/thread/58f53fe8bcc49664/
STeVe -- http://mail.python.org/mailman/listinfo/python-list