Hi!! I hope you like this tutorial its pretty simple but nice:

1.- Ok first Open a new Document 400*400 The background can be White or Transparent
2.- Then put the text do you want In White <-- It have to be White&#33;&#33;
3.- Then Rasterize Layer: Layer > Rasterize > Type..
4.- Next go to Layer > Layer Style > Blending Options
And use the next presets:

Use the colors of Highlight mode and Shadow mode the same as your background, or colors you want, they dont have to be the same

Use the same colors you have used before for the Gradient in the Stroke



Then Is finished..I use Fontdinerdotcom Loungy <-- you can download it in: http://www.dafont.com/en/


This is a final Result with an Image and Background:
http://img348.imageshack.us/img348/9398/digilay5ic.jpg
http://img219.imageshack.us/img219/8...icharat5re.jpg