Unresponsive replace operation - extremely slow performance

I ran into a performance regression when I upgraded from FMS18 to FMS19, and I was kind of hoping FM 20 was faster.

However, in my case the slowdown only happened while using FMS - running FMP only was just as fast as before. My details here: FMS19.6.3 poor performance on M1 mini / Ventura (Edit: fixed link)

I have not yet run these benchmarks under FMS20.

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