r3474+ (ie, this is what will be checked in as r3475)

1. memory usage to create 1000 notes:
   Partition of a set of 475101 objects. Total size = 54349980 bytes.

2. create one note: 1807 function calls (1797 primitive calls) in 0.005 CPU seconds

3. format one note: 1561 function calls (1320 primitive calls) in 0.005 CPU seconds

4. create 1000 notes: 3.29780912399 sec

5. format 1000 notes: 1.80329012871 sec
