Here's the rendered version of what I created for the Kinetic Type Tutorial.
Kinetic Type Example from M Swanson on Vimeo.
Sorry I don't have a animated tutorial here... still having some computer/capture software issues at home.
The file I created in class can help you out. It's called "DV2780_InClass_02-23-12.aep" and it's in the DV2480 folder in the Class folder.
When I created this, I started off in Illustrator to lay out the type. You don't have to do it this way, it's just how I prefer to do it. You could lay out your text right in AE either in precomps or right in the comp in which you're working. Whatever you're most comfortable with.
Anywho... I laid out the copy in Illustrator and put the different parts onto 4 different layers (since my audio file has 4 distinct sections to which I'd like to animate). When I import the file into AE, I bring it in as "Composition - Retain Layer Sizes." I choose "Retain Layer Sizes" so my layers have a registration point that is central to that particular layer rather than the layered file as a whole.
Once the file is in AE, I arranged the layers in my comp in the order in which they appear. I then proceed to draw a mask (using the rectangle tool) around the first word on the first layer. This allows only that word to show through. I then renamed the layer by selecting and hitting Enter, typing in a custom name, then hitting Enter again. I duplicate the layer, delete the mask and draw a new mask around the next word in the sequence and so on for the remaining words on that layer. I repeat this for all the layers until I have all the words on their own individual layers. Then I change all the text layers into 3D layers.
Now I'm going to arrange the layers to form the "stair step" effect. The first group can stay where it is. The next line in the audio clip is "Officer" which I then rotate +90 degrees on the Y axis and move it's position downward along Y. The following two layers I move down along the Y Position axis to create the next "step" and I also rotate the 2nd "Officer" layer +90 degrees on Y and move it's position down along Y Position axis as well to get the final form of the "stairs."
Once all the layers are in position, I attach them to a null which I can animate to the audio track. I've also added a camera into the scene which will have a couple simple position changes.
To synch the animation to the audio, I'll "scrub" the timeline position indicator along the timeline while holding down the Command key. This lets you preview the audio so you can find points in the track to synch to. When doing this, I like to use markers to use as reference points while animating. To create a marker, I have my layer selected and hit the * key on the number pad of the keyboard. Now that the markers are set, I'll trim the layers (hovering over the edge of the layer in the timeline, waiting till the double-arrow appears, then dragging it to where it's needed) to the marker (or wherever is "right") so it will be invisible until needed. I do this for all the text layers until all my layers synch to the audio. Now all that's left is to add rotation keys to the null to which the text is attached and some subtle camera moves to complete the piece.
Hope that all makes sense. If you have any questions, post a comment and I'll add an answer onto this post. Thanks!