>>   > How 'bout adding an optional argument to `generate-new-buffer` to set
>>   > `inhibit_buffer_hooks`?
>>
>> How about moving 'generate-new-buffer' to C to set that flag without
>> exposing it to Lisp (and to avoid things like
>>
>>               ;; We can't use `generate-new-buffer' because files.el
>>               ;; is not yet loaded.
>>
>> in 'load-with-code-conversion')?
>
> Fine with me.

I attach a preliminary patch.

martin