This is out of curiosity:
I wanted to extract year, month and date from a variable, and thought that combining read and IFS would help, but this doesn't work:
echo "2010 10 12" | read y m d
I could extract the parts of the date when separated by a -, and setting IFS in a subshell:
r=$(echo '2010-10-12' |(IFS='-'; read y m d; echo $y $m $d))