You don't seem to understand the concept of undefined behavior. What I'm trying to say is that even if rustc generates the correct output, the code could still officially be declared UB, just as it is now in debug mode. If it breaks logic that relies on the exclusivity of &mut, well, that's what UB does, it breaks things.
It is entirely an optimization option.
You're right that I think it would be nice if you could have multiple &muts created from raw pointers, but I'm not asking for that. The reason these things are issues at all is because Rust uses these references for things like RAII (e.g. &mut self in drop()), and there's no way to use raw pointers instead. If Rust provided a way to use raw pointers more easily in the places you need them, this would be a non-issue. But right now, the unsafe/safe boundary is very dangerous in Rust, so dangerous that I'm uncomfortable working in it even though I've worked in C and C++ for over a decade, and it's entirely a self-inflicted wound by the Rust devs.
Okay, now I am done here, like you said you were before this post.
As the next sentence of that very first post said:
> There is a way to tell the language exactly what you want: you can use unsafe, raw pointers, UnsafeCell, and abstractions built atop them.
And again, this is not about optimization, this is about semantics. What you want is a different semantics, which is why it is not something that we would accept as a flag. Rustc does already let you change what optimizations are done to your code (trivially: -C opt-level=n). That is not an issue. This just isn't about optimization.