[Haskell-cafe] instance Monad (Except err)

[Martijn van Steenbergen]

Hello,

Mr. McBride and mr. Paterson define in their Applicative paper:

> data Except e a = OK a | Failed e
> instance Monoid e => Applicative (Except e) where ...

Sometimes I'd still like to use >>= on Excepts but this "feels" wrong 
somehow, because it doesn't use monoids nicely like the Applicative 
instance does. Are there any good reasons such a Monad instance 
shouldn't be defined? Does it violate any laws, for example?

Thanks,

Martijn.