Create a layer in the back and fill it with such gradient.







I will apply layer mask to hide a part of the effects. I will us gradient to smoothly blend the edges.



I will rotate the canvas because I think we'll have a better composition then.



Just change the drop shadow direction.



Balancing the color of our background and transforming the object a little bit.







Now some words about all that.

I really think that text plays very big role in Graphic, especially in print products design.



And we are ready here.

Moreover to this tutorial: the Photoshop CS2 really did a great job. It is better and faster (especially the filter gallery reacts very fast) but it also have some very little problems with hotkeys reaction and interface reaction (even when it just comes to simple switching between windows in MS Windows XP.



Enjoy!



Other example: