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 * __How To Make Curved and Rounded Text in Photoshop CS4__**
 * __ Curved text __**

Step 1: First you select the pen tool

Step 2: Then you click pretty much anwhere on the page to make an anchor point Step 3: Click and hold about 10cm away from the anchor point horizontal to it Step 4: Still holding the mouse button, drag the next point downwards Step 5: Now get the text tool and click anywhere along the line where you want to start typing the text and write your message and you are done! Step 1: First select the elipse tool Step 2: Create a circle at the area you want the rounded text Step 3: Now get the text tool and click where you want to start typing the text around the circle That is all.
 * __ Rounded Text __**

Here is a link for a very short and sharp tutorial http://www.youtube.com/watch?v=m8yaWPC2kwM