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In this PowerShell tutorial, the focus is on using the `Replace` method and operator to modify strings. The demo uses PowerShell 7, applicable in Windows PowerShell as well. It begins with a basic string, "hello, world," which is assigned to a variable. The simplest use of the `Replace` method is demonstrated by replacing "hello" with "hi," resulting in "hi, world." The tutorial notes that the `Replace` method can be called directly on the string without needing a variable, enabling the same replacement without assignment. This approach simplifies the process while maintaining the functionality of string manipulation in PowerShell.