I'm not sure whether or not you meant this to be a separate post or a post on some other thread, but I absolutely agree.
I'll also state that RegEx, especially RegEx Replace, is frequently a whole lot slower than normal T-SQL if it can, indeed, be done in T-SQL. Several of us had a bunch of races on a rather larger thread here on SQLServerCentral. com that proved it. Since this site has gone through two "improvement" upgrades since then, I've lost track of a working URL to get back to it and I'm loath to search for it.