setInterval run once, then keep running

gistfile1.js

setInterval((function () {
  console.log(new Date()); // run some arbitrary code
  return arguments.callee; // here be the magic
})(), 1000);
// ^---- and that runs the function, and the return val is assign to the interval

Accessing the arguments object is very slow.
http://www.jspatterns.com/arguments-considered-harmful/
http://webreflection.blogspot.com/2010/02/arguments-callee-call-and-apply.html

@getify, i'm aware of the NFE scope leaking bugs in IE, but not any memory leaks..