[regex] What is the difference between square brackets and parentheses in a regex?

The first 2 examples act very differently if you are REPLACING them by something. If you match on this:

str = str.replace(/^(7|8|9)/ig,''); 

you would replace 7 or 8 or 9 by the empty string.

If you match on this

str = str.replace(/^[7|8|9]/ig,''); 

you will replace 7 or 8 or 9 OR THE VERTICAL BAR!!!! by the empty string.

I just found this out the hard way.