Some kits come with word art. Kits are as varied as designers. Some designers are really big into word art and provide a good selection, but I would say there is only a small amount of kits that come with word art.
Remember that fancy text is easy to create by clipping a background paper or photo to text and adding styles like shadows. You can also select the text by clicking on the "t" in the text layer, opening a new layer above your text, and using a brush on it. (Again - keeping things on their own layers allows for editing, moving, deleting those changes.)
Doing the kind of word art where you combine different fonts and sizes is labor intensive but it is not difficult. You just need to keep each word on its own layer so you can change font and size and move the words about. Once you get the look you want, link the words together so they can be moved as one. I do not recommend merging the layers because then you cannot edit. However, if you are happy with your work and want to save your word art - merge the layers and save it as a png to preserve the transparency around the word art.
Remember, in order to merge text layers, the text layer needs to be simplified first. And remember, once text is simplified, it is no longer editable.
Everything you say is quite correct Janice and very good advice for anyone wanting to work with text.
The kind of word art where you combine different fonts and sizes is as you say labour intensive and although perhaps not difficult I’d say it does require a certain flair in putting it together so that it looks good and I really struggle with that part.
Flair - excellent word. Like you, I struggle to do word art. I find it quite difficult to find fonts that coordinate well with each other. No matter what I try, I don't think it's good enough. However, making titles with clipping or brushes or matting? That's something I do all the time. A "bare naked" title just doesn't appeal to me.
Another hint - if you find a font you like but it's not fat enough, duplicate your text layer and nudge one over a couple of pixels. You are restricted in how much you can nudge by how close together the font puts the individual letters, but often you can get a decent enough thickening.
In this case, two pixels gave a dual look - not every font will do this with a two pixel move.