I just realized that this tutorial is lame since I forgot to take pictures of the process. See how rusty I am with a week off? Pathetic.
To do lettering in fondant, simply print out the wording you want in a font you want to emulate, on the computer. Take an x-acto knife and cut out the letters to make a template.
Then – much like the Batman how-to – place the template over your fondant and carefully cut out the letters.
Placing the letters on a circle of fondant makes them stand out and tops cupcakes really well!