Typography project

Can we do one of these in class? They seem fairly simple (depending on how complex you get with it) and they look awesome. I have seen several of these on Youtube, mostly doing quotes from movies. There is a lot of potential to make this kind of project unique, as you can pretty much do anything you want with them in AE. Some of the more simple ones just involved zipping around form word to word as they are said, varying the size of the word to emphasize or unemphasize (is that a word?) its importance. The really good ones, like the Anchorman one above and the Inception one below, translate the emotions and feelings coming from the words and express them through the fonts and other images. The Inception one is cool because it uses a lot of actual animation of the images.