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Wonder if the temptation wasn't there to just call it 'nutshell' and if so, how it was resisted.

That's in fact how I read it in the title before reading your comment...

Hugely missed opportunity, I thought it was nutshell for 30 minutes before I noticed the spelling.

Can you imagine the cute squirrel logo? Mouth full of peanuts? Nushell sounds like an new wave band.