I\'ve just installed PyCharm Community Edition 3.4.1 and tried to make a simple pygame project in it. I found that code completion runs in a weird way. In this case:
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I tried Daid's answer (removing the try/except in init.py) and it didn't work, but it was very close! Here is how you can fix it specifically for pygame:
For example, change
try: import pygame.event
to
try: from pygame import event
Restart PyCharm and it should work :)