diff --git a/package-lock.json b/package-lock.json
index 081ac824..6702c553 100644
--- a/package-lock.json
+++ b/package-lock.json
@@ -1,12 +1,12 @@
 {
 	"name": "monaco-editor",
-	"version": "0.37.0",
+	"version": "0.37.1",
 	"lockfileVersion": 2,
 	"requires": true,
 	"packages": {
 		"": {
 			"name": "monaco-editor",
-			"version": "0.37.0",
+			"version": "0.37.1",
 			"hasInstallScript": true,
 			"license": "MIT",
 			"devDependencies": {
diff --git a/website/src/runner/index.ts b/website/src/runner/index.ts
index 8bc551be..ed1fdd07 100644
--- a/website/src/runner/index.ts
+++ b/website/src/runner/index.ts
@@ -51,8 +51,10 @@ async function initialize(state: IPreviewState) {
 
 	document.body.innerHTML += state.html;
 
+	const js = massageJs(state.js);
+
 	try {
-		eval(state.js);
+		eval(js);
 	} catch (err) {
 		const pre = document.createElement("pre");
 		pre.appendChild(
@@ -61,3 +63,35 @@ async function initialize(state: IPreviewState) {
 		document.body.insertBefore(pre, document.body.firstChild);
 	}
 }
+
+(globalThis as any).bindModelToCodeStr = function bindModel(
+	model: any,
+	codeStringName: string
+) {
+	model.onDidChangeContent(() => {
+		const value = model.getValue();
+		window.parent.postMessage(
+			{ kind: "update-code-string", codeStringName, value },
+			"*"
+		);
+	});
+};
+
+function massageJs(js: string) {
+	/*
+	Alternate experimental syntax: // bind to code string: `editor.getModel()` -> codeString
+
+	const bindToCodeStringRegexp = /\/\/ bind to code string: `(.*?)` -> (.*?)(\n|$)/g;
+	js = js.replaceAll(bindToCodeStringRegexp, (match, p1, p2) => {
+		return `globalThis.bindModelToCodeStr(${p1}, ${JSON.stringify(p2)})\n`;
+	});
+	*/
+
+	const setFromRegexp = /\/*\Wset from `(.*?)`:\W*\//g;
+	for (const m of js.matchAll(setFromRegexp)) {
+		const p1 = m[1];
+		const target = JSON.stringify("set from `" + p1 + "`");
+		js += `\n try { globalThis.bindModelToCodeStr(${p1}, ${target}); } catch (e) { console.error(e); }`;
+	}
+	return js;
+}
diff --git a/website/src/website/data/playground-samples/creating-the-diffeditor/hello-diff-world/sample.js b/website/src/website/data/playground-samples/creating-the-diffeditor/hello-diff-world/sample.js
index 83089074..84d8ba80 100644
--- a/website/src/website/data/playground-samples/creating-the-diffeditor/hello-diff-world/sample.js
+++ b/website/src/website/data/playground-samples/creating-the-diffeditor/hello-diff-world/sample.js
@@ -1,8 +1,18 @@
-var originalModel = monaco.editor.createModel("heLLo world!", "text/plain");
-var modifiedModel = monaco.editor.createModel("hello orlando!", "text/plain");
+const originalModel = monaco.editor.createModel(
+	/* set from `originalModel`: */ `hello world`,
+	"text/plain"
+);
+const modifiedModel = monaco.editor.createModel(
+	/* set from `modifiedModel`: */ `Hello World!`,
+	"text/plain"
+);
 
-var diffEditor = monaco.editor.createDiffEditor(
-	document.getElementById("container")
+const diffEditor = monaco.editor.createDiffEditor(
+	document.getElementById("container"),
+	{
+		originalEditable: true,
+		automaticLayout: true,
+	}
 );
 diffEditor.setModel({
 	original: originalModel,
diff --git a/website/src/website/data/playground-samples/creating-the-editor/hello-world/sample.js b/website/src/website/data/playground-samples/creating-the-editor/hello-world/sample.js
index c68ae059..7beb8e40 100644
--- a/website/src/website/data/playground-samples/creating-the-editor/hello-world/sample.js
+++ b/website/src/website/data/playground-samples/creating-the-editor/hello-world/sample.js
@@ -1,10 +1,10 @@
-const text = `function hello() {
+const value = /* set from `myEditor.getModel()`: */ `function hello() {
 	alert('Hello world!');
 }`;
 
 // Hover on each property to see its docs!
-monaco.editor.create(document.getElementById("container"), {
-	value: text,
+const myEditor = monaco.editor.create(document.getElementById("container"), {
+	value,
 	language: "javascript",
 	automaticLayout: true,
 });
diff --git a/website/src/website/pages/playground/PlaygroundModel.ts b/website/src/website/pages/playground/PlaygroundModel.ts
index 7cb6cbf0..85cb1313 100644
--- a/website/src/website/pages/playground/PlaygroundModel.ts
+++ b/website/src/website/pages/playground/PlaygroundModel.ts
@@ -162,13 +162,19 @@ export class PlaygroundModel {
 							return;
 						}
 					}
-					this.debouncer.run(() => {
+					const action = () => {
 						this.isDirty = false;
 						lastState = state;
 						for (const handler of this._previewHandlers) {
 							handler.handlePreview(state);
 						}
-					});
+					};
+
+					if (state.key !== lastState.key) {
+						action(); // sync update
+					} else {
+						this.debouncer.run(action);
+					}
 				},
 				{ name: "update preview" }
 			),
@@ -178,6 +184,17 @@ export class PlaygroundModel {
 		let disposable: Disposable | undefined = undefined;
 
 		waitForLoadedMonaco().then((m) => {
+			this.dispose.track(
+				monaco.editor.addEditorAction({
+					id: "reload",
+					label: "Reload",
+					run: (editor, ...args) => {
+						this.reload();
+					},
+					keybindings: [monaco.KeyMod.CtrlCmd | monaco.KeyCode.Enter],
+				})
+			);
+
 			const options =
 				monaco.languages.typescript.javascriptDefaults.getCompilerOptions();
 			monaco.languages.typescript.javascriptDefaults.setDiagnosticsOptions(
@@ -222,6 +239,26 @@ export class PlaygroundModel {
 		});
 	}
 
+	setCodeString(codeStringName: string, value: string) {
+		function escapeRegexpChars(str: string) {
+			return str.replace(/[-[\]/{}()*+?.\\^$|]/g, "\\$&");
+		}
+
+		const regexp = new RegExp(
+			"(\\b" +
+				escapeRegexpChars(codeStringName) +
+				":[^\\w`]*`)([^`\\\\]|\\n|\\\\\\\\|\\\\`)*`"
+		);
+		debugger;
+		const js = this.js;
+		const str = value.replaceAll("\\", "\\\\").replaceAll("`", "\\`");
+		const newJs = js.replace(regexp, "$1" + str + "`");
+		const autoReload = this.settings.autoReload;
+		this.settings.autoReload = false;
+		this.js = newJs;
+		this.settings.autoReload = autoReload;
+	}
+
 	public showSettingsDialog(): void {
 		this.settingsDialogModel = new SettingsDialogModel(
 			this.settings.settings
diff --git a/website/src/website/pages/playground/PlaygroundPageContent.tsx b/website/src/website/pages/playground/PlaygroundPageContent.tsx
index 3c1039d5..cdd953cf 100644
--- a/website/src/website/pages/playground/PlaygroundPageContent.tsx
+++ b/website/src/website/pages/playground/PlaygroundPageContent.tsx
@@ -448,7 +448,16 @@ class Editor extends React.Component<{
 				() => {
 					const value = this.props.value.get();
 					if (!this.ignoreChange) {
-						this.editor!.setValue(value);
+						this.model.pushEditOperations(
+							null,
+							[
+								{
+									range: this.model.getFullModelRange(),
+									text: value,
+								},
+							],
+							() => null
+						);
 					}
 				},
 				{ name: "update text" }
@@ -458,6 +467,7 @@ class Editor extends React.Component<{
 
 	componentWillUnmount() {
 		this.disposables.forEach((d) => d.dispose());
+		this.model.dispose();
 	}
 }
 
diff --git a/website/src/website/pages/playground/Preview.tsx b/website/src/website/pages/playground/Preview.tsx
index e893c472..a6abdca0 100644
--- a/website/src/website/pages/playground/Preview.tsx
+++ b/website/src/website/pages/playground/Preview.tsx
@@ -48,6 +48,21 @@ export class Preview
 				targetOrigin: "*",
 			});
 		});
+		window.addEventListener("message", (e) => {
+			if (e.source !== iframe.contentWindow) {
+				return;
+			}
+			const data = e.data as
+				| {
+						kind: "update-code-string";
+						codeStringName: string;
+						value: string;
+				  }
+				| { kind: "" };
+			if (data.kind === "update-code-string") {
+				this.props.model.setCodeString(data.codeStringName, data.value);
+			}
+		});
 	};
 
 	componentDidMount() {