I too, would like to be able to use text on a curved path or for text to follow any path, such as the basic functionality found in Illustrator or other 2D vector drawing programmes.
As a powerful vector programme ArchiCAD should be able to treat/convert between the content of the text (the annotation) and the graphic nature of the alphabetical block of text.
I don't expect ARCHICAD to act like Photoshop (I'm aware that a lot of 2D imagery and text is exported to and fro PS for refining) but I would love it to be as good as a 2D vector drawing package (and for the dollars it definitely should)
ArchiCAD SE on Windows 7 Am I the last person on earth to get 64 bits? Whee!