I was recently introduced to the LetL macro thanks to Leonid's answer to one of my prior questions. I was, needless to say, impressed by the simplicity of its recursive definition. However, I noticed that it may not necessarily be optimized. As it is defined, if my LetL statement contains a definition which does not need to be nested, then it will call With unnecessarily:
testLetL := LetL[{x = 1, y = 2, z = 2 x y}, {x, y, z}]
?testLetL
(* testLetL:=With[{x=1},With[{y=2},With[{z=2 x y},{x,y,z}]]] *)
So I compared it to Module:
testModule := Module[{x = 1, y = 2, z}, z = 2 x y; {x, y, z}]
(Do[#, {i, 5000000}] // AbsoluteTiming) & /@ {testLetL, testModule}
(* {{0.9390537, Null}, {0.9270530, Null}} *)
As you can see, there doesn't seem to be much speed gained in using LetL - essentially nested Withs - instead of Module. I thought perhaps that it was the extra With being called that was slowing things down. So I tried another test:
testLetL2 := LetL[{x = 1, y = 2 x }, {x, y}]
testModule2 := Module[{x = 1, y}, y = 2 x ; {x, y}]
(Do[#, {i, 5000000}] // AbsoluteTiming) & /@ {testLetL2, testModule2}
(* {{0.9270531, Null}, {0.9120521, Null}} *)
This again showed that they were pretty much the same, if not Module being a bit faster.
My question is, then:
Is LetL simply used for convenience or are my tests missing something?

testLetL2[] := LetL[{x = 1, y = 2 x }, {x, y}]-- now you can pass aroundtestLetL2without accidental evaluation. To use it just calltestLetL2[]or for example(Do[#[], {i, 5*^6}] // AbsoluteTiming) & /@ {testLetL2, testModule2}– Mr.Wizard Oct 04 '12 at 22:35