Currently Being ModeratedDec 6, 2012 7:02 AM (in response to Michael Battenfield)
For your “Century Gothic” font, there may exist, typographic hints that Pages needs enabled for this font to achieve the correct visual presentation. Type ⌘+T to bring up the Fonts panel. Select the gear pull-down and select Typography. Perhaps the Pages and TextEdit teams have digressed in their design goals.
A pop-up panel will offer a (variable by font) list of available settings, or none.