I think your answer is going to wind up in the domain of bitmaps graphics...a filter probably...rather than vector art, drcarl. If anyone can figure out an algorithm to scale text down exponentially, they take the cake, you know? This question came up on Creative Cow about 5 years ago, and the best answer was (In Illustrator, and the same with Xara), "Fit the text to path, and then when the path starts getting too small, reduce the size of the text."
It's a manual approach. Requires the patience of a saint.
My Best,
Gary
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