Should import statements always be at the top of a module?

Question

PEP 08 states:

Imports are always put at the top of the file, just after any module comments and docstrings, and before module globals and constants.<

Answer 1

This is a fascinating discussion. Like many others I had never even considered this topic. I got cornered into having to have the imports in the functions because of wanting to use the Django ORM in one of my libraries. I was having to call django.setup() before importing my model classes and because this was at the top of the file it was being dragged into completely non-Django library code because of the IoC injector construction.

I kind of hacked around a bit and ended up putting the django.setup() in the singleton constructor and the relevant import at the top of each class method. Now this worked fine but made me uneasy because the imports weren't at the top and also I started worrying about the extra time hit of the imports. Then I came here and read with great interest everybody's take on this.

I have a long C++ background and now use Python/Cython. My take on this is that why not put the imports in the function unless it causes you a profiled bottleneck. It's only like declaring space for variables just before you need them. The trouble is I have thousands of lines of code with all the imports at the top! So I think I will do it from now on and change the odd file here and there when I'm passing through and have the time.