Ok, I see, It basically cuts out the middle man. A deeper version of on the fly, so to speak.
So any template changes I have already made I can undo and just do with all with this. I'm liking this already. Is there any noticeable difference in execution time the more templates you have edited through this? No matter really, as anything to keep from manually editing a template is an upgrade bonus for me. I can remember the day when we would have begged for a template change over a file change.
Nice job, buddy! You outdid yourself on this one.