You could describe how you did the work, 'cause you didn't post sbs...

nice entry but I would also like a description of how you achieved the effect. GL

I used the clone brush to take out the middle. I added the outline of the dancers and filled it in with any color. I displaced it, then added texture, bevel, and a whole bunch of tweaking here and there with the bevel, including using the burn brush to give some depth in the image. Oh and I made the fill 0%, which gave the letters a very realistic look.