Pretty neat text effect don't you think?
Well - here's how I made it :o)

First of all you'll have to start off by making the text with chrome effect. Follow the Chrome text tutorial down to point 10 and then return :) When you're finished making the chrome text the hardest part is already finished !

We'll give the text this classic plastic look, an effect usually made with plug-in filters, just by adding some hue and saturation to our image...

Now be sure you are on the text layer and go to Layer - New - Adjustment Layer - Hue/Saturation, and be sure to check the Group With Previous Layer option.

Enter the following settings:
Hue: 0
Saturation: 100
Lightness: +23

Now it's time for that final detail.
Make a new layer - make sure it's on top of all the layers.
Select the Paintbrush Tool .
Go to the brushes palette and select a brush similar to mine.
Make white your foreground color, and in the Paintbrush options window make sure the mode is set to Normal - Opacity 100%.
Now place the brush on you image where you think it's nice to add some spark and left-click a couple of times.

Ta da ! Your image should now look like fig. 1 :=)

Still at the text layer select Layer - New - Adjustment Layer - Hue/Saturation - and check the Group With Previous Layer box.

Play around with the settings until you get the desired color. For this image I used:
Hue: -57
Saturation: 0
Lightness: 0

To make this effect I first finished the whole Chrome text tutorial. That means I added some hue/saturation after I made both the adjustment curves layers!

I added an adjustment layer - hue/saturation with these settings (be sure you have selected the text layer first...):
Hue: 243
Saturation: 91
Lightness: +22

Then add some drop shadow to the text layer with a nice blue color. Pretty cool huh?