I you need to replace your text by another one in a know list, you can use these plugins that take care of the case (like "left" -> "right" or "Left" -> "Right"):
https://github.com/rmaksim/Sublime-Text-2-Inc-Dec-Valuehttps://github.com/gordio/ToggleBoolI you need something more generic, you have to do it by yourself, don't think somewhat like this will ever be included in the core ST2.
You can modify the ToogleBool plugin and ask for the new value instead of getting it from a predefined list.