1. The text in black on a white background.
2. The text (texture) in the texture mode settings, in the Texture-Tag (sphere mapping)
3. In the Material-Editor to assign the texture (Diffuse Layer 1) is the color of the text
This is only possible with single color textures. In order to texture Multicolour must be Masks and alpha channels and selections work.
Just too cool. Love me some carbon fiber!!!!!
Great combo of colors.