D75801 removed the last and only user of this option, so we can drop it now. The original idea behind this was to only run expensive transforms under -O3, but apart from the one known bits transform, this has never really taken off. I believe nowadays the recommendation is to put expensive transforms in AggressiveInstCombine instead, though that isn't terribly popular either :) Differential Revision: https://reviews.llvm.org/D76540
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