Thanks Walt - does this mean that the Bold button in the toolbar next to the Font won't work, even though it lists four options (Regular, Italic, Bold, Bold Italic)?
I can get Italics to work if I access it through the Fonts menu instead of via the button. But bold doesn't seem to work either way, although it is checked in the Fonts menu (but the appearance of the font doesn't change).
In Font Book I show that I have all 4 Arial fonts installed under the Arial group. In addition, I have Arial Black, Arial Hebrew, Arial Narrow, Arial Rounded MT Bold, and Arial Unicode MS, all with their own subgroups (bold, italic, etc.)
I'm not sure I understand what "fake bold and italics" means...