To answer to the question: certainly not!

Node.js 0.8 with its current memory usage is a big problem for hosting 
providers. Several MBs increased memory usage multiplies to many additional 
Gigs  and someone has to pay for that. 

Is clear what change in v0.8 is responsible for the increased memory usage?
Is it possible to build a custom version with old components?
Are there command line options to control the memory use?

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