I'm submitting a feature request

Webpack Version:
5.17.0

Babel Core Version:
7.12.3

Babel Loader Version:
8.2.2

Current behavior:

When user changes babel.config.js/babel.config.json babel-loader doesn't trigger re-compilation.

Expected/desired behavior:

When user changes babel.config.js/babel.config.json babel-loader trigger re-compilation with new actual configuration.

What is the motivation / use case for changing the behavior?

It's will be handy to see live changes in watch mode without re-running webpack build.