diff --git a/compat.hb b/compat.hb
new file mode 100644
index 00000000..5dd9cfc1
--- /dev/null
+++ b/compat.hb
@@ -0,0 +1,8 @@
+This is the story of guys who work on a project
+called {{project}}. Their names were {{#people}}{{firstName}} and {{/people}}
+they both enjoyed working on {{project}}.
+
+{{#people}}
+{{>personPet}}
+{{/people}}
+
diff --git a/lib/compiler.js b/lib/compiler.js
new file mode 100644
index 00000000..66d2bcf8
--- /dev/null
+++ b/lib/compiler.js
@@ -0,0 +1,11 @@
+require('./handlebars');
+var fs = require('fs');
+
+process.argv.slice(2).forEach(function(val, index, array) {
+  var parts = val.split("=", 2);
+
+  var tmpl = fs.readFileSync(parts[1], 'utf8');
+
+  console.log(parts[0] + " =  " + Handlebars.compileToString(tmpl).toString()); 
+});
+
diff --git a/lib/handlebars.js b/lib/handlebars.js
index 58c84a96..eb64b6c3 100644
--- a/lib/handlebars.js
+++ b/lib/handlebars.js
@@ -1,8 +1,19 @@
 Handlebars = {
   compile: function(string) {
+    var fnBody = Handlebars.compileFunctionBody(string);
+    return new Function("context", "fallback", fnBody);
+  },
+
+  compileToString: function(string) {
+    var fnBody = Handlebars.compileFunctionBody(string);
+    return "function(context, fallback) { " + fnBody + "}";
+  },
+
+  compileFunctionBody: function(string) {
     var compiler = new Handlebars.Compiler(string);
     compiler.compile();
-    return new Function("context", "fallback", "fallback = fallback || {}; var stack = [];" + compiler.fn);
+
+    return "fallback = fallback || {}; var stack = [];" + compiler.fn;
   },
 
   isFunction: function(fn) {
diff --git a/test/compat.hbs b/test/compat.hbs
new file mode 100644
index 00000000..5dd9cfc1
--- /dev/null
+++ b/test/compat.hbs
@@ -0,0 +1,8 @@
+This is the story of guys who work on a project
+called {{project}}. Their names were {{#people}}{{firstName}} and {{/people}}
+they both enjoyed working on {{project}}.
+
+{{#people}}
+{{>personPet}}
+{{/people}}
+