The template:
Text before raw. #raw Text in raw. $alligator. $croc.o['dile']. #set $a = $b + $c. #end raw Text after raw.
The output:
Text before raw. Text in raw. $alligator. $croc.o['dile']. #set $a = $b + $c. Text after raw.
The generated code:
write('''Text before raw.
Text in raw. $alligator. $croc.o['dile']. #set $a = $b + $c.
Text after raw.
''')
So we see that #raw is really like a quoting mechanism. It says that
anything inside it is ordinary text, and Cheetah joins a #raw section
with adjacent string literals rather than generating a separate write
call.