> > compilation itself (including ocamlopt.opt) took some time, which
> > didn't pay.
> 
> There must be an adapative break even point though. e.g if you're
...
> And if so, compile.

Right, I actually tried that, but the "even point" was too high -- as
I wrote in our web page, my translator produced too complex Caml
programs, and ocaml{c,opt}{,.opt} often aborted after several minutes,
saying "out of registers" or "out of memory" or something like that...
I should probably have modified the translator to produce simpler
programs, but I didn't have the time to do that.

Eijiro