Hello.
In the past few months, we made tremendous progress on the JIT front. To monitor the progress daily, we introduced recently some cool graphs that plot revision vs performance. They are based on unladen swallow benchmark runner and they're written entirely in JavaScript, using canvas via the JQuery and Flot libraries. It's amazing what you can do in JavaScript these days... They are also tested via the very good oejskit plugin, that integrates py.test with JavaScript testing, driven by the command line.
As you can probably see, we're very good on some benchmarks and not that great on others. Some of the bad results come from the fact that while we did a lot of JIT-related work, other PyPy parts did not see that much love. Some of our algorithms on the builtin data types are inferior to those of CPython. This is going to be an ongoing focus for a while.
We want to first improve on the benchmarks for a couple of weeks before doing a release to gather further feedback.
Cheers, fijal