Running through the current devices available from Mouser (9/2017) my search yields KSB546 as a good replacement candidate for 2SB649 C (application for me is voltage regulation in Harman Kardon hk870 power supply at Q4).
Original device 2SB649 C
PNP
Power dissapation max Pcm 1W
Collector current max Icm -1.5A
Collector-base breakdown voltage V(br)cbo -180V
Collector-emitter breakdown voltage V(br)ceo -120V
Collector-emitter breakdown voltage V(br)ebo -5V
Transistion frequency fT 140 MHz
Package TO-126C
Pinout ECB
DC current gain hFE classification C 100-200
My repacement choice KSB546 Y
PNP
Power dissapation max Pcm 25W
Collector current max Icm -2A
Collector-base breakdown voltage Vcbo -200V
Collector-emitter breakdown voltage Vceo -150V
Collector-emitter breakdown voltage Vebo -5V
Transistion frequency fT 5 MHz (I don't think this matters for voltage regulation)
Package TO-220 (means I can add a decent heatsink and avoid some of the overheating problem evident on PCB)
Pinout BCE (so I'll have to remember to turn the new transistor around)
DC current gain hFE classification Y 100-200