Wrapping text around graphics or other text has become commonplace. But as with most typographic automations, results often fall into the category “Close, but No Cigar.”
There’s plenty of room for argument in typography, but there’s one defining truth that no one can deny: As type size increases, the white space between characters appears to grow faster than the characters themselves.
Alas, letterspacing—exaggerated spacing between characters—has become a popular typographic device, so if you choose to face the Wrath of Goudy, you owe it to him to letterspace as well as you can.
The distinction between the terms “character” and “glyph” became important when Unicode was adopted by Apple, Microsoft, and the world’s font vendors to identify all the characters in a font.