All that at ~75 FPS, that's not too bad hey?
In this particular "demo" you can see that I'm able to compress and expand the lines of text. This is possible because of the new "LineSpacing" property in the text object. This allows the user to set line spacing by setting a multiplier. For example, a LineSpacing of 2.0 will give you double spacing and 0.5 will only move the lines half way.
Anyway, I'm still plowing through all of this. And I'm pretty happy with the results.