Convert a .BIN file to .TRX for OpenWRT / DD-WRT

I recently had reason to convert the latest DD-WRT firmware .bin file to .trx format, so that I could manually flash my WRT54GL. Not wanting to risk it, I first converted the .bin image with the following command:

dd if=firmware.bin of=firmware.trx bs=32 skip=1

Which I found here.

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