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bird - 8:13 pm on Sep 11, 2006 (gmt 0)
A sounds linke "premature optimization", unless you have done measurements to show that your tight code actually does run faster than the readable version. B should be the norm. If measurements have shown a specific part of B not to be efficient enough, then you can optimize that part (and only that part), which may give you a useful definition of C.
In the vast majority of cases, programmer efficiency is much more important than code efficiency.