HTML API: Refactor `wp_replace_in_html_tags()`. #29656

Job	Run time
Determine Matrix	3s
Single Site Memcached / Test before	12m 51s
Multisite Memcached / Test current	13m 18s
Single Site Default / Test current	13m 6s
Multisite Memcached / Test before	12m 35s
Single Site Default / Test before	12m 32s
Multisite Default / Test before	13m 10s
Multisite Default / Test current	12m 58s
Single Site Memcached / Test current	12m 48s
Compare / Single Site Memcached	11s
Compare / Multisite Default	12s
Compare / Single Site Default	17s
Compare / Multisite Memcached	13s
Failed workflow tasks	0s
Slack Notifications	0s
	1h 44m 14s

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