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I gave this some thought and the best solution I can think of is make a circle and fill with white, then stroke it with red. Add the text in red, rasterize and combine the two layers. Transform the resulting image into the correct size to cover the existing SD circles. Select the new "HD Circle", and paste into a new layer on top. Alt drag with the selection tool to make as HD Circles as you need covering up the old SD Circles. Still time consuming but the fastest way I can think of doing it.

I made a short video to demonstrate, obviously I made no attempt to be precise or match the font, etc.

[MEDIA=youtube]vMXQk-bqlNY[/MEDIA]