Oddly enough, I've noticed that the compiler generated code will sometimes not do loop rotation, and and will have a conditional branch in the middle and unconditional at the end. I suspect this is because (a) unconditional branches are often effectively free on modern processors (if all the instructions are cached appropriately), and (b) there are all sorts of subtle instruction layout and ordering that a good compiler does to make things map efficiently to the underlying microarchitecture that means that non-intuitive orderings sometimes have a better cost function.
I did find out that what I called "interleaving" is more properly called "software pipelining".