Recessed Lettering on a Cylinder

 From:  Fitz (3DARTZ)
924.5 
You can do it, its just an extra step.
Project the wires of the lettering onto the surface of the tube.
Then you create a solid from the projected wires
(that's a few extra steps)
then boolean the new letters from the surface.

Mike Fitz
www.3dartz.com