You can kludge this now, see Alex's tip at
http://archicad-talk.graphisoft.com/viewtopic.php?t=625
. But clearly this should be possible entirely within ArchiCAD. Auto text is creeping it's way into other tools (check out the little pull downs when you select the text in a level or elevation dimension). Your suggestion is one of the most useful and is needed to close the loop now that we have titles and auto-numbering in PM.
Regards,
Geoff Briggs
I & I Design, Seattle, USA
AC7-27, M1 Mac, OS 14.x