Aha! Here's the statement that sums it all up with legal clarity:

 

http://msdn.microsoft.com/en-us/library/7825002w(v=VS.80).aspx

This means that variables in a standard module are effectively global
variables because they are visible from anywhere in your project, and they
exist for the life of the program.

 

The defence (or prosecution) rests.

Greg

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