Comparing the compiled handlebars templates from https://github.com/machty/emblem-brunch and https://github.com/chrixian/ember-precompiler-brunch .

app.js

// EMBLEM OUTPUT

window.require.register("templates/application", function(exports, require, module) {
  module.exports = Handlebars.template(function (Handlebars,depth0,helpers,partials,data) {
    this.compiledVersion = '1.0.rc.2';
  helpers = helpers || Handlebars.helpers; data = data || {};
    var buffer = "", stack1, functionType="function", escapeExpression=this.escapeExpression;


    buffer += "<div class=\"container-fluid\"><div class=\"navbar\"><div class=\"navbar-inner\"><a class=\"brand\">Hampsters</a><ul class=\"nav\"><li class=\"active\"><a>Home</a></li><li></li><li><a>Link</a></li></ul></div></div><p>Find me in <code>app/templates/application.emblem</code>";
    if (stack1 = helpers.outlet) { stack1 = stack1.call(depth0, {hash:{},data:data}); }
    else { stack1 = depth0.outlet; stack1 = typeof stack1 === functionType ? stack1.apply(depth0) : stack1; }
    buffer += escapeExpression(stack1)
      + "</p></div>";
    return buffer;
    });
});
//-------------------------------------------------//

// OUTPUT FROM https://github.com/chrixian/ember-precompiler-brunch

window.require.register("templates/application", function(exports, require, module) {
  Ember.TEMPLATES["application"] = Ember.Handlebars.template(function anonymous(Handlebars,depth0,helpers,partials,data) {
  this.compilerInfo = [2,'>= 1.0.0-rc.3'];
  helpers = helpers || Ember.Handlebars.helpers; data = data || {};
    var buffer = '', stack1, stack2, hashTypes, options, self=this, helperMissing=helpers.helperMissing;

  function program1(depth0,data) {
    
    
    data.buffer.push("\n            Home\n          ");
    }

  function program3(depth0,data) {
    
    
    data.buffer.push("\n            One\n          ");
    }

    data.buffer.push("<div class=\"container-fluid\">\n  <div class=\"navbar\">\n    <div class=\"navbar-inner\">\n      <a class=\"brand\" href=\"#\">Title</a>\n      <ul class=\"nav\">\n        <li class=\"active\">\n          ");
    hashTypes = {};
    options = {hash:{},inverse:self.noop,fn:self.program(1, program1, data),contexts:[depth0],types:["STRING"],hashTypes:hashTypes,data:data};
    stack2 = ((stack1 = helpers.linkTo),stack1 ? stack1.call(depth0, "index", options) : helperMissing.call(depth0, "linkTo", "index", options));
    if(stack2 || stack2 === 0) { data.buffer.push(stack2); }
    data.buffer.push("\n        </li>\n        <li>\n          ");
    hashTypes = {};
    options = {hash:{},inverse:self.noop,fn:self.program(3, program3, data),contexts:[depth0],types:["STRING"],hashTypes:hashTypes,data:data};
    stack2 = ((stack1 = helpers.linkTo),stack1 ? stack1.call(depth0, "one", options) : helperMissing.call(depth0, "linkTo", "one", options));
    if(stack2 || stack2 === 0) { data.buffer.push(stack2); }
    data.buffer.push("\n        </li>\n      </ul>\n    </div>\n  </div>\n\n  <p>\n    Find me in <code>templates/application.emblem</code>\n  </p>\n  ");
    hashTypes = {'unescaped': "STRING"};
    stack2 = helpers._triageMustache.call(depth0, "outlet", {hash:{
      'unescaped': ("true")
    },contexts:[depth0],types:["ID"],hashTypes:hashTypes,data:data});
    if(stack2 || stack2 === 0) { data.buffer.push(stack2); }
    data.buffer.push("\n</div>\n");
    return buffer;
    
  });
  module.exports = module.id;
});