Just a quick tutorial for those who may not know where to start.
Step 1: Write down what you wanna spell. Lower case, Upper case, mixed it doesn't matter.
Step 2: "Sausage" your word. Basically making it look like the drawing.
Step 3: Extend and warp the baloons, or sausage or w/e you wanna call em, to your liking.
Step 4: Finalize the lines you want to keep. Don't ink! Just erase, darken, w/e.
Step 5: Add details. 3-d, arrows (don't go all toyish on me and put shit where it doesn't belong), fills, add-ons, w/e. Just don't go crazy. You want it to look interesting.. not like a childs scribbling.
There are several other forms and ways to come to a final. This is your basic throwie. Enjoy.
I'll just give ti to you or make another one. :] I'll let you have the Benchwarmers DVD I have. It shows a good way to set up the tags and what not. (I.E. First line, fill, details, etc.)