On May 20, 2011, at 7:17 PM, Matthew Flatt wrote:

> I see no reason to change `letrec'.

I think letrec's behavior with call/cc on the right-hand side exposes ref cells 
and that will bite us again and again. That's why I think changing it would 
make sense. Then again, the bites are rare, subtle, and probably barely 
noticable in most cases. 
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