Shaydwyrm: The 1-dan Joseki book (初段合格の定石150題) discusses this position in the introduction. It recommends that white simply extend to , and leave the position for now. If black wishes to exchange a for b, he still needs another move in the corner - the implication being that this makes the position good for white.
Shaydwyrm: In other books however, this is listed as a poor result for white, since is well placed. Does moving
to a really improve the result for white? Furthermore...
Shaydwyrm: However, Tricks in Joseki lists this alternate continuation as good for white. The two books, both first published in 2001, seem to evaluate entirely differently. I find it hard to believe that the authors missed the alternative continuations, but I'm not quite sure what to make of the difference.