Internallink auto replacer

[netrix64]

I've seen a feature like this at another forum, a little dicription how it works.

You write a post which looks like this (using code so everything shows up as I type it) :

What ever you want to write here: ?do=embed' frameborder='0' data-embedContent>
What ever.

Then with IP.Board the result would be something like this:

What ever you want to write here: ?do=embed' frameborder='0' data-embedContent>
What ever.

With the auto replacer I've seen it would be something like this

What ever you want to write here: IPS Marketplace - Global Forum Message

What ever.

This is for internal Links only.

What do you think about this idea?

Would it be possible?