In some cases (e.g. during development) it is helpful to symlink applications into a release, rather than copying them. I believe relx has a dev-mode option for that. In rebar-based projects, what I end up doing in most of the cases is to add something like this into a Makefile:
Riak does something on these lines, too.
Even if I don’t think this behaviour is achievable directly via reltool, it could be implement as an optional step in rebar_reltool or via a dedicated plugin or separate command.
I will probably give this a try at some point. Does anyone have an opinion on the above?