Hi Ed, here is one method. Starting with this text:



I selected those curves and then used Construct / Extrude to punch them up into a solid:



You can then delete the original curves. Then I added a cylinder shape:



Finally, select the cylinder and run Construct / Boolean / Diff, then select the extruded letters and push "Done" (or right-click in a viewport) and that will cut the cylinder by the letters, engraving them into the surface:



MoI does not currently have any tools for bending or warping the text, so it will be quite a bit more difficult to do some things like apply the text around the circumference of the cylinder instead of along a straight line. You could try it by rotating individual letters around to orient them. Some other programs like Rhino have more tools for warping or bending objects around, MoI doesn't really handle that particular kind of warping stuff for version 1.0 .

Hope this helps though,

- Michael