Make Your Own Fonts, In a Web Browser
Dekortage writes "Although it's been up for a few weeks, today is the official launch of FontStruct, a web-based font creation tool. That's right: in your web browser, you can build your own typeface, and download it as a TrueType font. The site's user agreement requires you to release your creations online under one of the Creative Commons licenses. The typefaces tend to be a little blocky, but it's still impressive (and a great way to pass time)."
The canonical referece of font copyright status was written by Chuck Bigelow (of Lucida fame) back in the late 80s on comp.fonts (brag) which I created (/brag).
Need Mercedes parts ?
Very true, and nothing I specified was necessarily exclusive to the digital world. In fact, one of the best type designers I've ever met still uses pencil and paper to design his fonts and logos (http://doyaldyoung.com/).