Quote (Oggy2k7 @ Sat, Oct 10 2009, 05:24am)
open a new document with transparent background
create text: click on the "T" and write something
shadow: duplicate the layer with the text, edit > transform > flip vertical. Move it and lower the opacity
the things between the text: could be pentool or some brushes
also there's "jevel and emboss" on it i think, you can find it when you right click on a layer and choose blending options...
Your right about the flipping part
But he has a simple Gradient overlay, same colors, but opacity goes down.