two versions of python 2.6.2 and 2.7 concurrent install?

I am using blender 2.49b on OpenSUSE 11.4, but it need python 2.6.2 support.
is it possible to run both 2.6.2 and 2.7 version of python at the same time?
is there a work around with symbolic links to resolve the issue naming the links as 2.6.2 versions of python that point to a 2.7 version?