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Something has gone very squiffy and I am sure its because programmers have grown lazy and no longer try and save either memory or space.
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I think the problem is more that programmers these days are wrtiting several abstractions above the lowest layer, much more so than 20 years ago. It becomes more and more difficult to be optimal when you are relying on tons of code running under you. The tremendous increase in complexity also makes it difficult to really trim the performance if you are pushing anywhere near the state of the art, not to mention to fluctations in hardware, driver versions, etc.