Fonts are Beautiful ES and Arial Narrow, the text says "Oh, Talia! What have they done?".
(The former entry is behind the cut, I didn't want to delete it because someone had already commented on it.)
It's not easy, having a split personality... ;)
(And yay! for finally getting Adobe Photoshop CS, and thus being able to "type on a path" *g*)
The font is called AdineKirnberg-Script.