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Copy of #2751.
Having discussed this with Nick a bit more over email, he suggested that
package execution could actually be properly supported by looking for a
__main__ module inside the package and executing it instead. This is
consistent with the way .zip archives are executed and would neatly
resolve this problem. I attached a simple patch implementing this.
Nick also said that fixing this might be considered a new feature and
might have to wait until 2.7. Given that this worked on Python 2.5,
albeit unintentionally, I'd argue that this is closer to a fix of a
somewhat buggy Python 2.5 feature than a new feature in 2.6.