* src/Makefile.in (PRECOMP): Remove.
(${lisp} ${SOME_MACHINE_LISP}): Remove pseudo dependency on PRECOMP.
(witness-emacs): Run `compile-first'.
(.el.elc): Use the new compile-onefile target.
* lisp/Makefile.in (update-elclist): Don't exclude COMPILE_FIRST.
(all): Run compile-last.
(compile-onefile): New target.
(compile-first): Simplify.
(compile-last): Don't treat COMPILE_FIRST specially.
(COMPILE_FIRST): List the elc files rather than the el files.
(ELCFILES): Update.