cdrtools fails to build on Mountain Lion 10.8

[pkutzner+macports@…]

When attempting to compile cdrtools under Mountain Lion, it throws the following error during compile:

--->  Computing dependencies for cdrtools.
Error: reinplace: sed: RE error: illegal byte sequence
Error: org.macports.patch for port cdrtools returned: reinplace sed(1) failed
Warning: targets not executed for cdrtools: org.macports.activate org.macports.patch org.macports.configure org.macports.build org.macports.destroot org.macports.install
Please see the log file for port cdrtools for details:
    /opt/local/var/macports/logs/_opt_local_var_macports_sources_rsync.macports.org_release_tarballs_ports_sysutils_cdrtools/cdrtools/main.log
To report a bug, follow the instructions in the guide:
    http://guide.macports.org/#project.tickets
Error: Processing of port cdrtools failed

I attempted installing the gsed port to see if I could get around this error, but to no avail.

I've attached the log referenced in the error.

[pkutzner+macports@…]

Build log for cdrtools 3.00 under OS X 10.8 Mountain Lion