iFontMaker for iPad $7.99 "the first font editor exclusive for iPad™. With iPad touch interface, your 100% original hand typeface can be done in 5 minutes"
I downloaded this a couple of days ago and it I made one really terible font in about 3 minutes. I can't wait to sit and put some effort one. See what people have made so far [link] and see my favorite here
Check out my webpal HoneyDesign for her review of iFontMaker. It perfectly sums up the way I feel about it