Here is a small Camlp4 filter removing exhaustive patterns. It obviously depends on 3.12.

  open Camlp4.PreCast;;
  
  let filter =
    function
    | <:patt@_loc< { $p$ } >> ->
      let rec clean = function
        | <:patt< _ ; $p$ >> | <:patt< $p$; _ >> -> clean p
        | <:patt@_loc< $p1$; $p2$ >> -> <:patt< $clean p1$; $clean p2$ >>
        | p -> p in
      <:patt< { $clean p$ } >>
    | t -> t
  ;;
  
  AstFilters.register_str_item_filter (Ast.map_patt filter)#str_item;;
  
  
  (*
  #step I used to compile and test the code from a freshly compiiled (but not installed) ocaml-3.12 beta :
  #I build using fastworld.sh (see INSTALL) then `cd _build`
  ../byterun/ocamlrun -I otherlibs/unix/ camlp4/camlp4orf.byte /tmp/exhaustive_record_stripper.ml -o /tmp/stripper.ml
  ../byterun/ocamlrun ./ocamlc -I stdlib -I camlp4 /tmp/stripper.ml -c
   ../byterun/ocamlrun -I otherlibs/unix/ camlp4/camlp4o.byte /tmp/stripper.cmo -str 'fun {a; b; _} -> c'
  #output : fun { a = a; b = b } -> c
  *)


Notes :
- that the OCaml printer expand sugared { a; b } patters into { a = a; b = b } is necessary for printing backward-compatible code; I'm not sure it's a good idea to rely on this.
- as with every camlp4 filters, the code is parsed then pretty-printed; do not expect indentation to stay as is. Comment placement is also going to do weird things (know and nearly-unfixable camlp4 defect) : ocamldoc may not work properly on the output code.