<xsl:template match="data">
  <xsl:value-of disable-output-escaping="yes"
      select="translate(., '[]', '&lt;&gt;')"/>
</xsl:template>

Hello,
I'm trying to do some string replacement in my transform to generate HTML.
Basically I've got a node like this:

<data>This text is [b]bold[/b]</data>

When I've finished my transform I want:

This text is <b>bold</b>

This seems pretty easy using recursion, however it becomes a mess if you introduce
multiple string replacements to support tags like [u] and [i].

Is it possible to store the results from a template without displaying them
and then perform several string replacements on the results?

Once I've made all the replacements I need I could then display the final results.