Help sought from C++ expert: is this `value' a type or something else (what)?

[Alan Mackenzie <acm@muc.de>]

Hello, Emacs.

In the following test file, templates-9.cc from the CC Mode test suite,
on the indicated line, what is the syntactic significance of `value'?
Traditionally, it has fontified with the default face, but recently after
some (not yet committed) changes in CC Mode, it has started getting
font-lock-type-face.

I don't understand the file at all, hardly, and can't work out whether
the old (non-) fontification was correct, or whether the new
fontification of f-l-type-face is correct.  Help would be appreciated.

Just as a matter of interest, in c++-ts-mode a treesit-query-error gets
thrown.  It isn't clear to me whether the file is still valid C++.

/////////////////////////////////////////////////////////////////////////
typedef std::pair<int
		  , std::pair<long
			      , std::pair<char*
					  , std::pair<nil,nil>
					 >
			     >
		 > list_of_types;

typedef std::pair<
    int, std::pair<
	long, std::pair<
	    char*, std::pair<nil,nil>
	>
    >
> list_of_types;

typedef typename if_true
<
    boost::is_same
    <
	boost::add_pointer<X>
	, int*
    >::value     // <===================================================
>::template then
<
    boost::remove_reference<X>
    // else
    , X
>::type modified_X;
/////////////////////////////////////////////////////////////////////////

Thanks!

-- 
Alan Mackenzie (Nuremberg, Germany).