# Find and replace text in each pipeline string.  Omit the -Replace parameter to delete
# text instead.  Use the -SimpleMatch switch to work with literal text instead of regular
# expressions.  Comparisons are case-sensitive unless the -IgnoreCase switch is used.
Filter Edit-String {
    Param([string]$Find, [string]$Replace='', [switch]$SimpleMatch, [switch]$IgnoreCase) 

    if ($SimpleMatch) {
        if ($IgnoreCase) {
            return $_.Replace($Find, $Replace,
                [System.StringComparison]::OrdinalIgnoreCase)
        }
        return $_.Replace($Find, $Replace)
    }
    if ($IgnoreCase) {
        return $_ -replace $Find, $Replace
    }
    return $_ -creplace $Find, $Replace
}

Set-Alias replace Edit-String
Set-Alias sc Set-Content  
 Save
Usage

# 1 file
$f = a.txt; gc $f | replace '[MYID]' 'MyValue' -SimpleMatch | sc $f

# 0 to many files
gci *.txt | % { gc $_ | replace '\[MYID\]' 'MyValue' | sc $_ }

# Several replacements chained together
... | replace '[1-9]' T | replace a b -IgnoreCase | replace 'delete me' | ...

# Alias cheat sheet
#  gci Get-ChildItem
#  gc  Get-Content
#  sc  Set-Conent
#  %   ForEach-Object