The binary Euclidean algorithm is a modification of the classical Euclidean algorithm for computation of greatest common divisors which avoids ordinary integer division in favour of division by powers of two only. The expectation of the number of steps taken by the binary Euclidean algorithm when applied to pairs of integers of bounded size was first investigated by R.P. Brent in 1976 via a heuristic model of the algorithm as a random dynamical system. Based on numerical investigations of the expectation of the associated Ruelle transfer operator, Brent obtained a conjectural asymptotic expression for the mean number of steps performed by the algorithm when processing pairs of odd integers whose size is bounded by a large integer. In 1998 B...