> The same trick can also be used for the other direction to save a division: NewValue = OldValue >> 3; This is basically the same as NewValue = OldValue / 8; RCT does this trick all the time, and even in its OpenRCT2 version, this syntax hasn’t been changed, since compilers won’t do this optimization for you.

(emphasis mine)

Not at all true. Assuming the types are such that >> is equivalent to /, modern compilers will implement division by a power of two as a shift every single time.