diff --git a/compiler/test/vm/TestCompilerVirtual.kt b/compiler/test/vm/TestCompilerVirtual.kt
index 4b6834a0f..cbb2458d4 100644
--- a/compiler/test/vm/TestCompilerVirtual.kt
+++ b/compiler/test/vm/TestCompilerVirtual.kt
@@ -258,7 +258,7 @@ main {
         val virtfile = result.compilationOptions.outputDir.resolve(result.compilerAst.name + ".p8ir")
         val irSrc = virtfile.readText()
         irSrc.shouldContain("incm.b $2000")
-        irSrc.shouldNotContain("INLINEASM")
+        irSrc.shouldNotContain("</ASM>")
         VmRunner().runProgram(irSrc)
     }
 
diff --git a/docs/source/todo.rst b/docs/source/todo.rst
index 5b57b5e57..e51d9590f 100644
--- a/docs/source/todo.rst
+++ b/docs/source/todo.rst
@@ -2,6 +2,8 @@
 TODO
 ====
 
+- get rid of memory mapped variables: treat them as syntactic sugar for a poke/peek to the symbol.
+
 - add -nowarnunused, or %option ignore_unused (module and block scope), to suppress all warnings about unused symbols. Useful in libraries.
    put this in all library code, like %option no_symbol_prefixing, and get rid of the "trick" it uses currently to suppress unused symbol warnings for library modules.
 
diff --git a/intermediate/src/prog8/intermediate/IRFileReader.kt b/intermediate/src/prog8/intermediate/IRFileReader.kt
index f070b349a..fbd1f9c6e 100644
--- a/intermediate/src/prog8/intermediate/IRFileReader.kt
+++ b/intermediate/src/prog8/intermediate/IRFileReader.kt
@@ -354,7 +354,7 @@ class IRFileReader {
             when(reader.peek().asStartElement().name.localPart) {
                 "SUB" -> block += parseSubroutine(reader)
                 "ASMSUB" -> block += parseAsmSubroutine(reader)
-                "INLINEASM" -> block += parseInlineAssembly(reader)
+                "ASM" -> block += parseInlineAssembly(reader)
                 "BYTES" -> block += parseBinaryBytes(reader)
                 "CODE" -> {
                     val chunk = parseCodeChunk(reader)
@@ -387,7 +387,7 @@ class IRFileReader {
             when(reader.peek().asStartElement().name.localPart) {
                 "CODE" -> sub += parseCodeChunk(reader)
                 "BYTES" -> sub += parseBinaryBytes(reader)
-                "INLINEASM" -> sub += parseInlineAssembly(reader)
+                "ASM" -> sub += parseInlineAssembly(reader)
                 else -> throw IRParseException("invalid line in SUB: ${reader.peek()}")
             }
             skipText(reader)
@@ -479,7 +479,7 @@ class IRFileReader {
     private fun parseInlineAssembly(reader: XMLEventReader): IRInlineAsmChunk {
         skipText(reader)
         val start = reader.nextEvent().asStartElement()
-        require(start.name.localPart=="INLINEASM") { "missing INLINEASM" }
+        require(start.name.localPart=="ASM") { "missing ASM" }
         val label = start.attributes.asSequence().single { it.name.localPart == "LABEL" }.value.ifBlank { null }
         val isIr = start.attributes.asSequence().single { it.name.localPart == "IR" }.value.toBoolean()
         val text = readText(reader).trim()
diff --git a/intermediate/src/prog8/intermediate/IRFileWriter.kt b/intermediate/src/prog8/intermediate/IRFileWriter.kt
index ac923c6cf..9cd6255e5 100644
--- a/intermediate/src/prog8/intermediate/IRFileWriter.kt
+++ b/intermediate/src/prog8/intermediate/IRFileWriter.kt
@@ -168,7 +168,7 @@ class IRFileWriter(private val irProgram: IRProgram, outfileOverride: Path?) {
     }
 
     private fun writeInlineAsm(chunk: IRInlineAsmChunk) {
-        xml.writeStartElement("INLINEASM")
+        xml.writeStartElement("ASM")
         xml.writeAttribute("LABEL", chunk.label ?: "")
         xml.writeAttribute("IR", chunk.isIR.toString())
         xml.writeCharacters("\n")
diff --git a/intermediate/src/prog8/intermediate/IRProgram.kt b/intermediate/src/prog8/intermediate/IRProgram.kt
index 65a2fce0b..7e243551a 100644
--- a/intermediate/src/prog8/intermediate/IRProgram.kt
+++ b/intermediate/src/prog8/intermediate/IRProgram.kt
@@ -18,12 +18,12 @@ PROGRAM:
             CODE-LINE       (assignment to initialize a variable)
             ...
     BLOCK
-        INLINEASM
-        INLINEASM
+        ASM
+        ASM
         SUB
             PARAMS
-            INLINEASM
-            INLINEASM
+            ASM
+            ASM
             C (CODE)
                 CODE-LINE  (label, instruction, comment, inlinebinary)
                 CODE-LINE
@@ -36,10 +36,10 @@ PROGRAM:
         SUB
         ASMSUB
             PARAMS
-            INLINEASM
+            ASM
         ASMSUB
             PARAMS
-            INLINEASM
+            ASM
         ...
     BLOCK
     BLOCK
diff --git a/intermediate/test/TestIRFileInOut.kt b/intermediate/test/TestIRFileInOut.kt
index fada5c272..6e678912b 100644
--- a/intermediate/test/TestIRFileInOut.kt
+++ b/intermediate/test/TestIRFileInOut.kt
@@ -86,9 +86,9 @@ return
 <PARAMS>
 uword sys.wait.jiffies
 </PARAMS>
-<INLINEASM LABEL="sys.wait" IR="true" POS="[library:/prog8lib/virtual/syslib.p8: line 17 col 10-13]">
+<ASM LABEL="sys.wait" IR="true" POS="[library:/prog8lib/virtual/syslib.p8: line 17 col 10-13]">
             loadm.w r0,sys.wait.jiffies
-</INLINEASM>
+</ASM>
 <CODE>
 return
 </CODE>