I would say in my experience we do actually "compile and execute" code, we can just do this incrementally and with less context switching because of the described workflow. But quite often there are in fact separate compile and run steps, it's just not at the whole program level (say, compile a function and run it or a calling function).

And despite how often it's shown off as a strength, redefining code during actual execution isn't quite that common, I think. Yes, it is done sometimes, but lots of programs don't really fit that paradigm in the first place. It can work well for e.g. some games or long running servers.

As for working in an image without source code: this seems like a terrible idea. You might do this for trivial, one off experiments, but in general you benefit from writing out and organizing your code early. I'm not even aware of a particularly easy or clean way to write out source code from an image as described. It could be done, but all the ways I can think of sound like more of a pain or mess than anything. Could just be my experience or I'm missing some neat feature of a commercial Lisp or something.

> A Lisp programmer does not need to …

Have you even seen R? Jupyter notebooks? The above sounds like a level of insanity beyond that.

The problem with checking things at runtime is that it’s an ever-moving target. Changed this? Now that other thing is out of sync. Changed that? Now the first thing is gone, and it came from far away so you can’t get it back in this session.