This document summarizes Tobias Ivarsson's work on developing a new "Advanced Compiler" for Jython. It provides an overview of the compiler project, performance figures comparing Jython and CPython on benchmark tests, discusses mismatches between Python and the JVM, and how performance is being improved. The new compiler adds analysis and intermediate representation steps to better represent Python code on the JVM. Benchmark results show initial Jython performance lagging CPython but improving with JIT warmup and continued compiler optimizations.