[Magnum]

You mean like this?

[img]http://www.dodstudios.net/uploads/uploads/noobassault.jpg[/img]

I did this in about 15 minutes. Use the clone stamp to get rid of the original text and texturize the cloned layer. Make the new text over that and add texture and lighting effects to it. I used the sandstone texture and noise. The text layer looks good on stroke emboss mode with some shadow. There's a bit too much shadow in this, but I did it quickly. Then i used the airbrush and put in the rust, then added noise and blurred. If you want to know something more specific, ask specifically.