http://gcc.gnu.org/bugzilla/show_bug.cgi?id=45685
--- Comment #20 from Richard Guenther <rguenth at gcc dot gnu.org> 2011-12-02 09:52:27 UTC --- Probably a better place than phi-opt would be RTL expansion (thus, out-of-SSA for the PHI nodes) where based on target cost those constants could be materialized differently.