The Replacement Variable Editor 
In addition to the main replacement variable manager, a quick editor is provided under the Edit Fonts, Colors etc. section of the Style Manager.

A separate row will be shown for each active replacement variable in the current style, with a text box provided for each so that you can customize the replacement text.
Note:
The default vBulletin style does not use any replacement variables, so the list will appear empty on a fresh vBulletin installation.
To add a new replacement variable to the current style, click the [Add New Replacement Variable] link. This will take you to the add new replacement variable section of the main replacement variable manager.

As with the StyleVars Editor and CSS Editor, replacement variables customized in the current style will be shown in a different color, along with a Revert checkbox. To delete a customization, click the checkbox and hit the [Save] button.

When a replacement variable's value is being inherited from a parent style, another different color will be used, and a hyperlink will be shown.

When clicked, this hyperlink will tell you the style from which the value of the replacement variable is being inherited.

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