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I have not, but the table of contents sure looks interesting. Am I right that they don't do lambda lifting / closure immediately? They seem to have a lot of optimizations working on lambda expressions, and also optimizations working on records. By lambda lifting immediately I am hoping that the optimizations on records can take care of (some of) the lambda-optimizations.

CwC is very much what you want.

The focus on lambda and record optimizations is because ML code is usually heavy with sum types (tagged unions), and it's often possible to completely unbox things at compile time.

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