@deuexe
Disabling this option, as @Nikse555 replied above, does not create new ellipsis. It also does not remove ellipsis from the original text.
Enabling this option fixes the continuation style by adding/removing ellipsis where the assumed logic requires it.
Quote:
The continuation style is not what I'm looking for at all.
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For what you want to achieve use now "Edit/Multiple replace ...".