I had PRE 8, PRE 10 and now I just recently upgraded to PRE 12. I was able to orient the text the way I wanted using kerning & leading. Did Adobe drop that feature? If they did that was really stupid.
junior166
These features do not exist in Premiere Elements 11 and 12.
Did you see this earlier thread here on the subject, including user workarounds.
http://forums.adobe.com/thread/1087115
ATR