On the fly compression

Since lots of browsers send "Accept-Encoding: gzip" in headers, does
exist any project to add "on the fly" gzip compression to squid?.

I would be really happy to save a merely 20% in bandwitdh downstream,
and my users would be really happy to tranform their 33.6kbps modems to
40.32kbps.

PS: 20% is a example ratio.

-- 
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