Now you see the next example of liquid text made with Picture to People. I made a water text and have used a complex background to improve the realism.
The chosen font face was liquefied (distorted), so the text can really look like made of liquid. This very important feature of this tool is configurable.
When there is an image (and not just a color) behind the liquid text, you can take advantage of one good feature: the image can be liquefied in the part covered by the liquid. I have used it in a low level.
I have used a very slightly blue liquid with no translucency. I have put a stronger shadow to enforce the 3D appearance, but it makes the water less subtle.
I will show even more realistic liquid texts in next examples.