Method to generate all permuatuons of spinnable strings
I've implemented a simple method to solve this problem.
It takes an ArrayList argument containing spinnable text string(s).
I use it to generate all the permutations of multiple spinnable strings.
It comes with extra functionality of support of optional blocks, surronded by "[ ]" brackets.
Eq.:
If you have a single string object in the ArrayList with content of:
{A | {B1 | B2 } [B optional] }
It populates the array list with all the permutations, "extracted"
Contents after invocation of method:
A
B1 
B1 B optional
B2
B2 B optional
You can also pass multiple strings as argument to generate permutations for all of them:
Eg.:
Input:
ArraList with two string
{A1 | A2}
{B1 | B2}
Contents after invocation:
A1
A2
B1
B2
This implementation works by always finding the inner most bracket pair in the first spinnable section, then extract it. I do this until all the special {}, [] characters are removed.
private void ExtractVersions(ArrayList list)
    {
        ArrayList IndicesToRemove = new ArrayList();
        for (int i = 0; i < list.Count; i++)
        {
            string s = list[i].ToString();
            int firstIndexOfCurlyClosing = s.IndexOf('}');
            int firstIndexOfBracketClosing = s.IndexOf(']');
            if ((firstIndexOfCurlyClosing > -1) || (firstIndexOfBracketClosing > -1))
            {
                char type = ' ';
                int endi = -1;
                int starti = -1;
                if ((firstIndexOfBracketClosing == -1) && (firstIndexOfCurlyClosing > -1))
                { // Only Curly
                    endi = firstIndexOfCurlyClosing;
                    type = '{';
                }
                else
                {
                    if ((firstIndexOfBracketClosing > -1) && (firstIndexOfCurlyClosing == -1))
                    { // Only bracket
                        endi = firstIndexOfBracketClosing;
                        type = '[';
                    }
                    else
                    {
                        // Both
                        endi = Math.Min(firstIndexOfBracketClosing, firstIndexOfCurlyClosing);
                        type = s[endi];
                        if (type == ']')
                        {
                            type = '[';
                        }
                        else
                        {
                            type = '{';
                        }
                    }
                }
                starti = s.Substring(0, endi).LastIndexOf(type);
                if (starti == -1)
                {
                    throw new Exception("Brackets are not valid.");
                }
                // start index, end index and type found. -> make changes
                if (type == '[')
                {
                    // Add two new lines, one with the optional part, one without it
                    list.Add(s.Remove(starti, endi - starti+1));
                    list.Add(s.Remove(starti, 1).Remove(endi-1, 1));
                    IndicesToRemove.Add(i);
                }
                else
                    if (type == '{')
                    {
                        // Add as many new lines as many alternatives there are. This must be an in most bracket.
                        string alternatives = s.Substring(starti + 1, endi - starti - 1);
                        foreach(string alt in alternatives.Split('|'))
                        {
                            list.Add(s.Remove(starti,endi-starti+1).Insert(starti,alt));
                        }
                        IndicesToRemove.Add(i);
                    }
            } // End of if( >-1 && >-1)
        } // End of for loop
        for (int i = IndicesToRemove.Count-1; i >= 0; i--)
        {
            list.RemoveAt((int)IndicesToRemove[i]);
        }
    }
I hope I've helped.
Maybe it is not the simplest and best implementation, but it works well for me. Please feedback, and vote!