why do you want something like this? a text effect is simple in JavaScript. Believe me it is more simple if you write the script on your own ( just a suggestion...) . But if you like it: Not all Html editors do that but for example dreamweaver does...
A lot of editors do this for you. Firstpage does I believe, and its free so.... Also, there are a crap load of scipts that you can download from the web. Just search for what you want.
Gotta love google.
\"Ignorance is bliss....
but only for your enemy\"
-- souleman