Here are a set of videos that demonstrate what you can do with VeraType. For the best experience watch these videos in full screen and enable HD. You can do this by clicking the settings icon on the video player and choosing the highest setting. Note: The actual quality is much better in the application than in the video.
Shaping text into an image (literally)
Creating a dramatic effect using Invert and the Levels Control
For more visit the forums here.
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I am impressed, it reminds me of the old days, when we only had ascii art. The serious developers used the same language as now; machine code.