All i want to do is simply take a 2d text layer and as in Photoshop using the Free Transform command, just be able to mold the text layer using the mouse into position around an object in the frame. I am trying to make text bend around a candle in the video. I havent really found any way to easily do what I'm trying to do. Any tips?
Candles tend to be wax cylinders with wicks in the middle. I think CC Cylinder might be a good Distort effect you could investigate.
Both Dave and Todd have valid points. what you ultimately use depends very much on what the shot looks like...