I found the fact, Papervision3D is possible to use vector text as FIve3D or vectorvision. Current SVN (i use rev 851) of pv3d contains Text3D, Letter3DMaterial class.
How To Use
// create Material
var lettermat:Letter3DMaterial = new Letter3DMaterial();
lettermat.fillColor = 0xFF0000;
// create 3D object
var word:Text3D = new Text3D("foo" , new HelveticaBold() , lettermat);
scene.addChild(word);


