I'm looking for a mechanism within notepad++ to replace runs of consecutive whitespace with a single space, like the "Compress whitespace" command in notepad2.

Essentially, in regex form:

s/\s+/ /g

I know I can do it with the find-replace form, but I would prefer soemthing that I can bind to a keyboard sequence.

EDIT

Find and replace cannot be recorded as a macro in some versions of Notepad++. Update to the latest if you have trouble.