If it is only backspaces you want to remove, try this: 
my $text = "abcDE\x08\x08xyz\x08Z"; # \x08 is the backspace character

while ($text =~ m/\x08/g) {
  substr($text, pos($text)-2, 2, '');
}
print $text, "\n"; # emits: abcxyZ

[download]
Actually, I'm a little surprised that this works. I would think that modifying $text before the last match position in a m//g loop would screw things up.

Update: A slightly more optimized version: 

while ($text =~ m/(\x08+)/g) {
  substr($text, $pos-2*length($1), 2*length($1), '');
}
print $text, "\n";

[download]

In reply to Re: Wanted: humanly readable `script` output by pc88mxer
in thread Wanted: humanly readable `script` output by mrslopenk

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