Motype is a new text animation plug-in by Yanobox, the latest company to deliver plug-ins for Final Cut Pro, Motion, Final Cut Express and After Effects based on FxFactory and Apple FxPlug.
It doesn't seem too different from what can can do starting with After Effects presets, but it does work in the other apps. Check the video for a quick look. You'd need to latest version of Final Cut Studio and OS X, and must have certain graphics cards. The Macbook, MacBook Air and Mac Mini are not supported.