search and replace continued

As an extension of Recycling Arguments and the previous post on search and replace using Sed, I would like to show two Bash features for search in replace in previous commands:

Replace the first instance of foo in the previous command with bar:

$ cat foo
$ ^foo^bar
cat bar

OR

$ cat foo
$ !!:s/foo/bar

As you can see the second example uses the word designator with a syntax similar to that of Sed. However, one difference is that if you’d like to do a ‘global’ replace, you’ll need to use the following syntax:

$ cat /home/foo/a /home/foo/b
$ !!:gs/foo/bar