I've got a simple command that does almost what I want. The following will locate all files with a suffix of '_compressed.swf' and copy each into its same directory with a '.bak2' appended:
find '../content' -name '*_compressed.swf' -print0 | xargs -0 -I {} cp {} {}.bak2
Results
In: /content/somefile_compressed.swf
Out: /content/somefile_compressed.swf.bak2
However, I need to replace '_compressed.swf' with '_content.swf' I'd like to use find, rather than recursive flag on cp for consistency.
Objective
In: /content/somefile_compressed.swf
Out: /content/somefile_content.swf