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Parses a lambda-letrec term; transforms it into a first-order
term graph representation; minimises the graph by bisimulation
collapse; reads back a lambda-letrec term which has the same
unfolding as the original term but is more (maximally) compact.
If executable "dot" from graphviz is available, the graphs are
displayed (tested for Linux). The approach is described in an
ICFP-paper http://dx.doi.org/10.1145/2628136.2628148 and an
extended version thereof http://arxiv.org/abs/1401.1460.