Another one of Skip Barttels that works like a dream. Simply have a new 150ppi image ready with (he suggests) a white background (but I think any colour would work) and a selected transparent layer. Hit the button and run with it! The result is excellent if you are looking for text that has an irony feel to it.

Irony by Skip Barttels

I've posted the action here as it is interesting to take a look at the steps he has taken to get to this result. Access them by clicking on individual steps in the action itself.