The combination of Illustrator and Phantasm CS with its Halftone tool as the basis, an even richer single graphic style could be created that would remain completely dynamic.
This video-based tutorial was updated and re-published 25 May 2012, making it available via YouTube.

[...] Effects are such a wonderfully powerful tool within Adobe Illustrator. If you want convincing, this earlier AG blog video tutorial shows the creation of a completely editable text effect – simply by using the power of live [...]
thx