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I'm not to the stage where I can elaborate on tradeoffs yet either - I just followed a tutorial. And the language it's for doesn't need much in the way of parsing. You can't quite just build an array of tokens and use it as your program stack, but that's only because you have to be able to handle definitions and library imports.

Are there any good books on compiler theory?

To piggyback off this comment, my company is always looking for all types of developers. If you're interested my email is in my bio.

Guilty.