What is the best way to manipulate text in Photoshop? Let's say I need to edit an "A" and I want to stretch out the bottom corners of the letter, while not moving the upper portion (wide bottom, skiny top)... what is the best way to do this? I know the "skew" function somewhat moves corners, but I want to take the binding boxes (while in the skew function) and move them individually so it doesn't affect another corner. Is this possible (or am I just crazy?!?!)?
Not sure I get all the nuances of what you want, but have you tried invoking Free Transform, (CTRL+T) then holding down CTRL while clicking/dragging a corner handle?
Type > Convert to shape. The use the Direct selection tool to drag individual handles. You obviously can't edit the text after this.