Resolved. To make timthumb apply to the entirety of a post, use the following code:
<?php ob_start();
the_content('Read the full post',true);
$postOutput= preg_replace('#<img(.*?)src="([^"]*/)?(([^"/]*)\.[^"]*)"([^>]*?)>#', '<a href=$2$3><img$1src="http://....timthumb.php?src=$2$3&w=476&h=275&zc=1&q=200"></a>', ob_get_contents());
ob_end_clean();
echo $postOutput;
?>
Simply add a number as the fourth parameter in preg_replace().
For example, I’ve limited the following code (from the link you provided) to removing replacing ONCE:
$first_img = str_replace('http://yourwebsite.com', '', $first_img,1 );
You are dealing with the “limit” parameter.
See more here: