Speaking for myself, I don't think the question of doing a 7.8.4 release at all needs to be entangled with the LTS issue.

On Wed, Oct 8, 2014 at 8:23 AM, Edward Z. Yang <ezyang@mit.edu> wrote:
Excerpts from Herbert Valerio Riedel's message of 2014-10-08 00:59:40 -0600:
> However, should GHC 7.8.x turn out to become a LTS-ishly maintained
> branch, we may want to consider converting it to a similiar Git
> structure as GHC HEAD currently is, to avoid having to keep two
> different sets of instructions on the GHC Wiki for how to work on GHC
> 7.8 vs working on GHC HEAD/7.10 and later.

Emphatically yes.  Lack of submodules on the 7.8 branch makes working with
it /very/ unpleasant.

Edward
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