Thanks all for the responses. Extra kudos to Steve J and Michele S. that cleared it up for me.
the context of my question comes from reading up on Lisp in "Loving Lisp - the Savy Programmer's Secret Weapon", http://www.markwatson.com/opencontent/lisp_lic.htm, where the author described building up a large system during test, that took a long to to load. He was showing one reason why a dynamic language was more productive than a statically compiled language. -- http://mail.python.org/mailman/listinfo/python-list