[globular-toast]

I see multiple cursors as an alternative to macros rather than regexp. There's stuff that is really awkward with regexp, like anything involving multiple lines, for example. But more importantly, macros and multiple cursors have the opportunity to operate at a higher-level, ie. taking into account language syntax and editor modes etc. Regexp is just about text. Having said that when I see people using it they are just doing a glorified regexp replace more often than not.