Essentially true. I've used ActiveState and Indigo Perl compilers. Really only useful for

a) hiding your code
b) making it a bit easier to bundle

It should be noted that compiling will inline any modules you use as well, though any external libraries will be kept seperate. This can of course be a major pain if you are getting into moderate and heavy wizardry.

--
perl -p -e "s/(?:\w);([st])/'\$1/mg"