Found a previous post about it. It's kind of a shame though. LLVM-Lua has a really nice optimizer even when using JIT-compiled code.

I saw a thread about using LuaJIT for Love2D scripts. I was wondering if anyone has tried LLVM-Lua integration for Love2D. Personally, being able to use a statically compiled version of the executables not dependent on the Love engine sounds like a winner to me.