I've noticed that <!-- --> doesn't always work in a template, but I think it has to do with what happens to be between the comment markers. I'm guessing the template parser doesn't look for html comments so sometimes they mess it up (but I'm not sure).
I always thought that <!-- ... //--> was used when you want to protect javascript against browsers that don't understand it (which I'm not sure is really much of a concern these days), because the //--> will look like a comment in javascript.
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