Element 3D is required for the 3D Text. I used the Custom Layers option to convert plain 2D Text into 3D. The Project File is easy to modify, you just have to change the text layer according to your project and and it will be automatically updated inside of Element 3D. You can customize and change the textures and environment as well. The Sky After Effects Template will be available on May 1 2014.
The Sky Titles