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Alexander,
I propose an alternative patch (attached issue9317.2.diff). It uses:
 with open(progname) as fp:
 code = compile(fp.read(), progname, 'exec')
 t.run(code)
Since the `run` method of Trace already accepts a code object and passes it to `exec`, I see no reason to do another `exec`.
This also fixes your 'traceme' problem, without introducing new module imports:
$ py3d -m trace -c -s traceme.py 
lines cov% module (path)
 1 100% threading (/home/eliben/python_src/eliben-py3k/Lib/threading.py)
 6 100% traceme (traceme.py)
[47526 refs]