[slurgfest]

Yes; to clarify, I believe that if it is necessary to compile big old strings to get a certain sort of behavior, then that might be a point at which Python should be improved to allow similar code to be constructed dynamically (and more safely).

And if it is necessary for performance reasons, Python should probably be able to do a similar thing efficiently without compiling big old blobs of text.

It is true, of course, that this can be hidden as an implementation detail with relatively little impact to end users... but the mere possibility of relatively clean and judicious uses do not change the fact that as a pattern, it is tricky and hard to read and easy to mess up in horrible ways. It is not that it is fundamentally unworkable. But if it is the only/best way, then that probably indicates a place where Python could be incrementally improved...