> a template match is done in a given context,
no

> the key (as I understand it) does the full traversal of the whole
> document, as if template match="//pattern"

yes exactly, but

 template match="//pattern"

is the same (except for default priority) as
 template match="pattern"

ie such a template would match the same nodes as got indexed by a key
with the same match pattern.

David



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