The I4 texture format only accepts grayscale colors, so making multi-colored names is pointless. Regarding specific text size, there really isn't one, and if you're using The GIMP, you can always resize your text by using the scale layer option.
Whoever said I wanted multi-colored names? I never even once thought of doing that.
Does it matter if it's perfectly centered?
Anyway, I see. I did a re-do since the last picture I put; tell me if this looks about right. The file size is 4.35 KB on the desktop; is that ok?
