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Dick Waters' LetS, which he will release imminently, is far superior
to LOOP.  Unlike LOOP, which is basically a hack, it is based on a
strong theory of what loops really are and what their structure is.
Basically it is a compiler which takes code written in terms of
streams and compiles it into efficient iterative code.

I'm not involved in common lisp.  I probably don't get a vote, but
this is one I really care about.