Is this really the best way to install python2.7 on CentOS?

install-python2.7-centos6

    yum install -y bzip2-devel zlib zlib-devel openssl openssl-devel
    cd /opt
    wget http://www.python.org/ftp/python/2.7.6/Python-2.7.6.tar.xz
    tar xf Python-2.7.6.tar.xz
    cd Python-2.7.6
    ./configure --prefix=/usr/local
    make && make altinstall

    cd /tmp
    wget https://bitbucket.org/pypa/setuptools/raw/bootstrap/ez_setup.py
    # This fails for various reasons if you didn't do above yum!
    python2.7 ./ez_setup.py
    # Or maybe this if zilb didn't install?!:
    #    wget http://pypi.python.org/packages/source/s/setuptools/setuptools-2.0.1.tar.gz --no-check-certificate 
    #    tar -xf setuptools-2.0.1.tar.gz ; cd setuptools-2.0.1 ; python2.7 setup.py install
    wget https://raw.github.com/pypa/pip/master/contrib/get-pip.py
    python2.7 ./get-pip.py

    pip install requests boto awscli