It was the easiest method I could think of.
If I had a dedicated server, I'd stick the eggdrop right on the same server and eliminate some of the problem. (which you can do anyway).
If the bot load gets too high, you can remove the bind and put in a timer. (if you know tcl - which I am not really good with).
So, to completely optimize this script, get a dedicated server, run your eggdrop off of that and use a timer instead of bind.
Until then, feel free to play/optimize this hack.