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I know this is an old post, but another good way of making sure that local edits will stay in place is not to edit in the core, instead duplicate the exact path in code/local and edit the file in there.
So for example in this case you would download
and create this path:
app/code/local/Mage/CatalogInventory/Model/Stock/item.php and make changes here.
Where do I change this text which appears in the shopping cart for backordered items…
“* This product is not available in the requested quantity. 1 of the items will be backordered.”
Hi there, if you are still interested in this option you may have a try of thePre Order extension, that allows you effectively manage backorders and pre orders in your store. With the module you can easily change the text appearing in a shopping cart asd well as the warning message for the order info pages and invoice emails.
Check out the screenshots below to get a better idea of the module’s functionality: