Cannot install MySQL-Python

Question

For some reason I'm unable to install the MySQL-Python package in neither my virtualenv nor in my main Python install on OS X. I'm getting the following output:

    Downloading/unpacking MySQL-Python
    Running setup.py egg_info for package MySQL-Python
    warning: no files found matching 'MANIFEST'
    warning: no files found matching 'ChangeLog'
    warning: no files found matching 'GPL'
    Installing collected packages: MySQL-Python
    Running setup.py install for MySQL-Python
    building '_mysql' extension
    gcc-4.2 -fno-strict-aliasing -fno-common -dynamic -DNDEBUG -g -fwrapv -Os -Wall -Wstrict-prototypes -DENABLE_DTRACE -arch i386 -arch ppc -arch x86_64 -pipe -Dversion_info=(1,2,3,'final',0) -D__version__=1.2.3 -I/usr/local/Cellar/mysql/5.5.10/include -I/System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6 -c _mysql.c -o build/temp.macosx-10.6-universal-2.6/_mysql.o -g
    In file included from _mysql.c:36:
    /usr/local/Cellar/mysql/5.5.10/include/my_config.h:326:1: warning: "SIZEOF_SIZE_T" redefined
    In file included from /System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6/Python.h:9,
                     from pymemcompat.h:10,
                     from _mysql.c:29:
    /System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6/pymacconfig.h:39:1: warning: this is the location of the previous definition
    In file included from _mysql.c:36:
    /usr/local/Cellar/mysql/5.5.10/include/my_config.h:419:1: warning: "HAVE_WCSCOLL" redefined
    In file included from /System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6/Python.h:8,
                     from pymemcompat.h:10,
                     from _mysql.c:29:
    /System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6/pyconfig.h:803:1: warning: this is the location of the previous definition
    In file included from _mysql.c:36:
    /usr/local/Cellar/mysql/5.5.10/include/my_config.h:619:1: warning: "SIZEOF_TIME_T" redefined
    In file included from /System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6/Python.h:9,
                     from pymemcompat.h:10,
                     from _mysql.c:29:
    /System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6/pymacconfig.h:40:1: warning: this is the location of the previous definition
    /usr/libexec/gcc/powerpc-apple-darwin10/4.2.1/as: assembler (/usr/bin/../libexec/gcc/darwin/ppc/as or /usr/bin/../local/libexec/gcc/darwin/ppc/as) for architecture ppc not installed
    Installed assemblers are:
    /usr/bin/../libexec/gcc/darwin/x86_64/as for architecture x86_64
    /usr/bin/../libexec/gcc/darwin/i386/as for architecture i386
    In file included from _mysql.c:36:
    /usr/local/Cellar/mysql/5.5.10/include/my_config.h:326:1: warning: "SIZEOF_SIZE_T" redefined
    In file included from /System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6/Python.h:9,
                     from pymemcompat.h:10,
                     from _mysql.c:29:
    /System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6/pymacconfig.h:39:1: warning: this is the location of the previous definition
    In file included from _mysql.c:36:
    /usr/local/Cellar/mysql/5.5.10/include/my_config.h:419:1: warning: "HAVE_WCSCOLL" redefined
    In file included from /System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6/Python.h:8,
                     from pymemcompat.h:10,
                     from _mysql.c:29:
    /System/Library/Frameworks/Python.framework/Versions/2.6/include/python2.6/pyconfig.h:803:1: warning: this is the location of the previous definition
    In file included from _mysql.c:36:
    /usr/local/Cellar/mysql/

Any ideas how to fix this?