"local" is a shell reserved word, isn't it?

[Cristian Ionescu-Idbohrn]

Please consider the folowing example:

,----
| #!/bin/sh
|
| set -e
| set -u
| #set -x
|
| local() {
| 	local local=$1
| 	echo "func: 'local', local var local='$local'"
| }
|
| local $LOGNAME
`----

Different shells (ash, dash, bash) handle the above in an unexpected way.
I would have expected a consistent:

foo: line 7: syntax error: bad function name


Cheers,

-- 
Cristian