HP50G - Viewing .txt Files on SD Card without CR Characters

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... but this on-calc solution has the slight drawback that when you store the string back onto the SD card, it's guaranteed* to have the "HPHP49-C..." header of an RPL object. That's irrelevant if the file is only opened on the calculator afterward (and it would be made upon any write operation from the calculator, not just this adjustment), but if the edited file gets opened on a computer again, you may be annoyed by having to delete that header.
For that reason I'd call the format conversion on PC (whether by editor settings or by dedicated conversion programs) superior, if only slightly.

*Technically there is a way to store a string into an SD file without the header using an ARM code program to bypass the the default handling for storing files onto the SD card, but that's not available out of the box. The documentation for SDRSTO from SDLIB appears to say that it's such a program.