on_update t ~f is similar to Observer.on_update_exn, but it does not cause t
to be necessary. Instead of the Initialized update, there are updates for when a
node becomes Necessary or Unnecessary. Here is a state diagram for the
allowable sequences of Update.t's that can be supplied to a particular f:
        /-----------------------------------------------------\
        |                 /                                   |
        |                 |                                   v
       Start ------> Necessary ----------> Changed ------> Invalidated
        |                | ^             |  ^  |              ^
        |                | |   /---------/  \--/              |
        |                v |   v                              |
        \----------> Unnecessary -----------------------------/If t gets a new value during a stabilization but is unnecessary at the end of it,
f will _not_ be called with Changed, but with Unnecessary if allowed by the
transition diagram. I.e. if the prior call to f was with Necessary or
Changed, f will be called with Unnecessary. If the prior call to f was with
Invalidated or Unnecessary, then f will not be called.
One should typically use Observer.on_update_exn, unless the Unnecessary updates
are needed.
include sig ... endval sexp_of_t : ('a ‑> Sexplib.Sexp.t) ‑> 'a t ‑> Sexplib.Sexp.t