Typographic effects in canvas
html5rocks.com
html5rocks.com
What is here are graphic effects, and while technically interesting, aesthetically not pleasing.
The main problem, as is with Flash based editors, would be performance.
>Is anyone aware of an article that explains the architecture of Photoshop? How pixels are processed through its stack of layers?
Well, the layers are just different images with alpha transparency drawn on top of each other, and the blend modes are just math done between two layers' pixel values.
Here's an (rather basic) article:
http://photoblogstop.com/photoshop/photoshop-blend-modes-exp...