This pattern is an obscured way to express saturating a signed value
into a smaller unsigned value.
If (setltu, X, 256) is true, then the value is already in the desired
range so we can pick X. If it's false, we select (sext (setgt X, 0))
which is 0 for negative values and all ones for positive values. The all
ones value when truncated to the final type will still be all ones like
we want.
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