I might compromise and go with the 3D solution.
But now it makes me curious, whether there’s a way…
1) Is there a way to split a block of text into a bunch of compositions, one for each letter? (But it’s important that there’s one composition for A, B, … Z, a, b, c, … z, so then I can change all A’s)
2) Maybe a way to grab a list of the characters using an expression, but also each character’s x and y position?
Of course, without an obvious solution, I guess it would be quicker to position each one by hand in Photoshop.