Perl Compatible Regular Expressions (normally abbreviated as 'PCRE') offer a very powerful string-matching and replacement mechanism that far surpasses any other search and replace function.
Regular expressions are often thought of as very complex—and they can be at times. However, properly used they are relatively simple to understand and fairly easy to use. Given their complexity, of course, they are also much more computationally intensive than the simple search-and-replace functions. Therefore, you should use them only when appropriate—that is, when using the simpler functions is either impossible or so complicated that it’s not worth the effort.