I think this will work but I need to test it out and was hoping I could "steal" some code from something else.
I have sort of "hand coded" some vector letters using the LM_Graphics DrawLine function. My thought would be to store a sort of "letter template" in an external utility script that would convert strings to vector text that can be drawn on the screen when a specific tool or layer script is used.
This would allow for labeling "widgets" and bones etc without having to use images or text. Anyone know of any resources that might have very simple vector descriptions of drawing text like this?
In the meantime I am going to try and create my own. I drew a very simple alphabet on a grid. I can divide the grid and create simple point locations to connect lines for each letter. Each letter uses a 6 x 10 grid. The point locations would be within the "undefined" grid size associated with variables so they could be scalable and can be placed anywhere on the screen. Using matrix transforms the text could even rotate to follow a bone for example. Have to see about that one.

-vern