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Thank you... I stand corrected....
That's actually very helpful!
Of course using defdict makes the default assignment take two hashes, 
two lookups, an attribute/function lookup (__missing__) and the extra 
function call, plus doesn't allow arguments to the object factory... 
but it means that there is a hook into the dict API that allows us to 
create something when GetItem/subscript gives a KeyError... I 
understand much more what I should be doing and where to look for it.
Thanks very much!
I still would prefer that the C-API allow PyDict_SetItem to be called 
without a hash or lookup. Maybe a method called PyDict_SetEntry(). 
But I haven't really looked at it, don't have a patch and am not sure 
if it is worth it. I am willing to spend time doing looking into 
that kind of thing if you think that might be helpful. Otherwise I 
will put it on my list of fun-projects-for-hazy-summer-weekends and 
get to it when I get to it.
Dan