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I think we are getting very close to having something for
the next alpha release for Python 2.4.

One exception is the last patch update I used a list
comprehension that calls a function for every line of text.
 I'm thinking I should have called the function with the
list and have it pass back a newly constructed list.  To be
sure which is the better way I want to do a performance
measurement.

I also would like to measure performance with and without
"smarttabs".  If it does not cost much I might be in favor
of eliminating the option and just doing "smarttabs" all the
time.  In addition to performance degredation it would
eliminate the ability to doing straight tab for spaces
substitution (is this bad?).