Find And Replace Text command line utility. New & improved version of the well-known grep command, with advanced features such as: case-adaption of the replace string; find (& replace) in filenames, auto CVS edit.
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It might sound as a stupid solution, but if you are using the -b flag, you have to create the bak file first (add one copy command in your script). The "detected as binary" problem is also in other encodings, so you have to use the -b flag all times :-) However the good side of this app is teh fact, it is very fast even on big files.