Hi Tom Ambrosio,
Punch Professional doesn't allow you to rotate the text, and you can edit just the font, size and style.
With AS18 or the new AS3000 you can edit and align your text, edit the font, size and style and select the angle.
The drawing functions in AS 18 / AS 3000 have lots of resources, (including different types of lines, fills, snap, offset and more), however keep in mind that Punch's programs are not CAD programs but parametric home design programs. Please, read the following message:
http://forums.punchsoftware.com/WebX?14@@.fa9fa9a/0
Let us know if you have further questions
Patricia