no, it doesn't. 

On Sunday, February 9, 2014 8:39:26 AM UTC+1, Jayadevan M wrote:
>
> When web2py is used with PostgreSQL and psycopg2, are prepared statements 
> sent to the database or the statements will go through the parse/analysis 
> step for each user/call?
> http://www.postgresql.org/docs/9.2/static/sql-prepare.html
>

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