> > Seriously:
> > Don't put code like this inside timing loops.
> > Avoid timing loops wherever possible.
> > Pad with NOPs in the appropriate cases. :-P
>
>   This approach my friend, is M$ territory!

I DID put them in order of preference...

I've had to do it too.  When you need a 2uS delay, what else can you
practically do?
My RTOS uses 1mS ticks, so that's WAY too slow, and any other mechanism I
could come up with took longer than I needed to get in and out of it. (16
instructions total)