It seems all versions >=0116 have a font rendering problem.
PPC, OS X 10.4.8

plain old text()

I put up a screenshot of the output, pre and post 0116:
http://iragreenberg.com/p_bug/

this is the issue described in revisions.txt for 0116:

+ Text with the JAVA2D setting no longer uses native fonts by default,
which means they'll be slower and uglier. See the reference for
textFont() for details and how it can be addressed.

the problem is that before we were using native fonts (when available) by
default (in 0115 and earlier). this is dangerous because it meant that
someone would make a piece, then export it, and it would look terrible on
other people's machines since the font wasn't installed. there are two ways
of addressing it, but they're covered in the reference so i won't get into
it here.