Imagine we have two effects that need handling. One is "failure" - terminating the computation and propagating the fact of failure. The other is "emit", producing some value for an external process.

If I combine these two, the question arises as to the behavior of "emit 3; fail" - does it emit or bury the 3? Depending on the circumstance, either could be useful, and it's a tremendous difference that is neither irrelevant nor distracting.