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In this tutorial, Gary from MacMost.com discusses the Find and Replace tool in TextEdit and other applications, emphasizing its usefulness while acknowledging that many users may not be familiar with it. He demonstrates the process using the Project Gutenberg version of "The Call of the Wild." Gary explains how to access the Find and Replace function, starting with the Edit menu. He outlines the steps to find text, execute a replace, and perform a universal replacement across the document. This feature can significantly enhance productivity in managing large texts.