It also replaces /bin/init, init scripts, xinetd scripts, and more! Almost everything that executes something automatically is now done through launchd (except

It also replaces /bin/init, init scripts, xinetd scripts, and more! Almost everything that executes something automatically is now done through launchd (except LoginWindow still does its own instead of providing input to launchd). The only annoyance is Apple's worst-of-both-worlds XML plist format, which replaced something fairly close to JSON with an awful pair-wise angle-bracket shit-pile.