I leave it as an exercise for the reader to determine why this edit needs the {!" "!}@ at the beginning.
Well, a couple of people contacted me offlist, but I don't recall seeing the correct answer. So...
The edit replaces any sequence of spaces with a comma followed by a single space. Without the
{!" "!}@, this would include trailing spaces as well. (In other words, it would put a comma after all of the text, if there were at least two spaces left at the end of the field.
The edit
{!" "!}@ matches (and deletes) all of the trailing spaces. (It turns out that, in this case, the delete part is unnecessary. I just used the delete syntax out of habit.) Once this part of the edit (which must come before the "insert the comma" part), there are no more spaces left for it to match the "insert a comma" part, meaning that a comma will not be added after the text in the field.
Remove the
{!" "!}@ part, and you will see, for example, that it converts:
"Brody Kenneth "to
"Brody, Kenneth, "(Note the trailing comma.)