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In the past i used very simple but useful software - Flax
What is FlaX ?
FlaX creates text effects for Adobe/Macromedia Flash, and does that real-time! With its intuitive approach, it has raised the standards for Flash text effects.
FlaX comes equipped with 143 predefined effects, subdivided into 52 highly adjustable categories, which you can tweak using sliders and buttons, thus being able to create tens of thousands of unique effects.
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