I was thinking about this more from a database perspective where it looks at URLs listed anywhere in your accounts (which could potentially include tokens). Replacing tokens would be a good idea going forward within emails with the same URL multiple times. But saying that, there is still hundreds of emails, landing pages, forms etc that now need to be updated. Even if you were using tokens that wouldn't cut down the amount of time to go into each program to update the token URLs. (thus my hope for a find and replace)
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