HOW TO: Get LBP1 Alphabet/Fonts Working In LBP2
NOTE: I decided to post this after seeing mistervista's LBP2 bug list. Also, I am unsure if a tutorial on this has already been posted or not. This is only a partial fix for the problem, and hopefully MM will address this problem in the future.
THE PROBLEM: You can't use individual letters from alphabets/fonts from LBP1 ported to LBP2 because in LBP2 when you try and select a seperate letter it selects the entire alphabet/font.
THE SOLUTION: Place the font, then capture/or re-capture the font. The captured/re-captured version should now be usable, meaning you should now be able to select individual letters.