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I think it is fair to say that the CL community is divided on whether or not relying on TCO is idiomatic.

I prefer to write my state-machines as transitioning with tail-calls, and I do get called for it. It's relatively easy to switch something written in that manner to using a loop with a trampoline, so I do so when my collaborators request it.

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I wouldn't argue about things that are a matter of taste normally, except that I've had the experience where I've turned down optimizer settings in order to debug some code better and then the had stack overflow.
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Sigh and yet it continues to be true. You can make a pragmatic decision and rely on tail call optimisation for your specific case, but if you are writing a CL library, then it is not idiomatic to use recursion in the same way that you would for Clojure or Scheme.

Even with SBCL, for example, it doesn't have tail-call optimisation for all architectures at all optimisation levels.

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