Earlier quoted context omitted.
> what the practical benefit is in having it wrap around There's a pretty big practical difference between "getting an unexpected numerical result" and "letting an attacker steal my TLS keys and mine bitcoins on my machine."
How sure are you that that getting an unexpected numerical result isn't going to let an attacker take over your machine? In most code I see the behavior is just undefined and not paid attention to by the programmer, regardless of what the compiler is doing. A huge fraction of the time you'll just step out of the bounds of an array, just deterministically instead of nondeterministically. People don't pay attention to…
Well arrays are bounds checked by default in Rust, so you can't do that one. You're more likely to hit a crash, which I think is decidedly better than the compiler deciding to optimise out or rewrite your function because it contained UB.