Performance difference between IIf() and If

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VB has the following If statement which the question refers to, I think:

' Usage 1
Dim result = If(a > 5, "World", "Hello")
' Usage 2
Dim foo = If(result, "Alternative")

The first is basically C#’s ternary conditional operator and the second is its coalesce operator (return result unless it’s Nothing, in which case return "Alternative"). If has thus replaced IIf and the latter is obsolete.

Like in C#, VB’s conditional If operator short-circuits, so you can now safely write the following, which is not possible using the IIf function:

Dim len = If(text Is Nothing, 0, text.Length)

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