caseyh:
> Are there major inefficiencies in Haskell compared to OCaml?
> If so, can something be done about them?

Can you be more specific?

Looking at the u64q shootout:

    
http://shootout.alioth.debian.org/u64q/benchmark.php?test=all&lang=ghc&lang2=ocaml&box=1

Shows the two implementations tied for memory, and code size, but
Haskell winning the speed tests more often.

-- Don
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