Webware for Python

On a current project I put the application server inside the firewall since there is a config.py text file in it that contains username/password information for the database server.

I heard about python being able to encrypt a module and then load it, has anyone tried that?

It would be an interesting idea to encrypt this type of data, I never liked putting the passwords in a text file the way I do w/ webware and php.  W/ Java I compile them in a class ( I know that it can be decompiled, but it feels better)

Thanks,
-Aaron Held