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Drag and drop seems to work as well, an excel sheet went in with a minimal amount of code junk, though much of the font bolding came off the excel chart that I dragged into mx 2004.
However, if you are good with Find and Replace in a text editor, then you can do a whole page in a few minutes. The problem comes if you have more than a few dozen pages to fix.
Maybe, too, you should investigate ways to design the site so that common content is done by include files, PHP and ASP and others have a way to do this. This can make future site maintenance a whole lot easier too.