> (B) is better than (A). The parameter binding employed in (B)
> is not only faster on many databases, but more secure.
See, for example,http://informixdb.blogspot.com/2007/07/filling-in-
blanks.html

Thx.  The link was helpful, and I think I have read similar things
before-- that B is faster.
So ... I just rewrote the test code from scratch and B is faster. I
must have had something wrong in my original timing.
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