The advantages of this new approach are so obvious that you have to wonder why we have all been so slow to take it up.
We decided to try it out and it is clear that the compiler is fast and efficient and remarkably small. What is more the claims of the projects website all seem to be true. The code produced is as efficient as the original and it preserves the structure not only of the original program but also of the bugs - did we mention that our code had lots of those.
The compiler is a zero recursive descent parser implement in Node.js and the code is available for forking on GitHub, but the original works so well that even for an early beta it is production quality.