The jelly-type effects are extremely impressive and are three-dimensional if the filter Un-sharp Mask (select from the menu Sharpen Filter). Yes, try the following values and run the filter twice:

Amount: 150%, Radius: 1 and Threshold: 7.
There is another way as well for achieving this:

You can use Adobe Illustrator (or Freehand, or CorelDRAW) to put your text on a path and then save the your image in EPS format and use the Place command in Photoshop (under the File menu) to insert the text with the path.

No related posts.