Insert edgerings along selected edge loops

Question

This is a useful 2.6 add-on in order to insert an edge. Unfortunately, it does not work in Blender 2.72.

Is there any way to do it in a simple way ?

Answer 1

You can try this way:

P.S.: When using CtrlX, "Dissolve Verts" needn't being toggled every time. It will remember your last choice.