Robert,
PW v-carves 10 select fonts. It will not v-carve designs. Only the fonts that are highlighted in yellow. If you upgrade to Insignia or Pro, you can open up your PW files in either one. (They have the same exact interface with more tools...and no learning curve on what you already do in PW)
David,
I like the DelCAM stuff and think that their products are some of the best and easiest to use of the CAD/CAM packages. When I bought my tool they just switched over from Vector, which in my opinion (and many others) was just too difficult for the new guy to learn. It had more functionality than PW, but it left quite a bit to be desired on the interface/ease of use. So...ShopBot worked with DelCAM to come up with a CAD/CAM package that was easy to use that had a lot of functionality for a small price...so getting into CNC got a LOT easier than it used to be, while keeping customer's out of pocket costs low. Many companies don't include ANY CAD/CAM software with the basic tool package.
The next program in the tier is Insignia. It offeres quite a bit more than PW, all of the 2D tools that Pro has in it, in addition to many, many more options on just about every screen. You get nesting, advanced toolpathing options, inlays, prismatic letters, 2D 'rest machining', engraving, export capabilities, raster to vector conversion...it goes on & on. I don't know the price off the top of my head, but I think that it is around $2500-3000 or so. It is not in the same class as VCW, and with all software packages, you get what you pay for...and only pay for what you think you need. If you are running a business, the new capabilites that it would add would pay for themselves very quickly. If you only need to do v-carving, then VCW is hard to beat.
-B