Is there any performance benefit to pre-compiling an asp.net web application if it's set to be updateable? By setting the pre-compiler updateable flag it doesn't pre-compile the aspx, ascx, etc. so those still have to be compiled at run-time on the first page load. Everything else in an ASP.NET Web Application Project is already compiled anyways though, so what is the point of running the pre-compiler on a WAP with the updateable flag set to true?
From what I can tell in this specific case there isn't a performance benefit to pre-compiling a WAP when it's set to updateable for the reasons listed in the question.