$ python -m timeit "import Image; from apps.front import utils; i = Image.open(u'logo.png'); i2 = utils.alpha_composite_with_color(i)"
10 loops, best of 3: 4.8 msec per loop

$ python -m timeit "import Image; from apps.front import utils; i = Image.open(u'logo.png'); i2 = utils.pure_pil_composite(i)"
10 loops, best of 3: 75 msec per loop

$ python -m timeit "import Image; from apps.front import utils; i = Image.open(u'logo.png'); i2 = utils.pure_pil_composite2(i)"
10 loops, best of 3: 1.1 msec per loop