I'm pretty sure that I used to edit text in PS if the text layer is not rasterised or flattened, but as of yesterday.. i can't!
Normally I can just click on the text and edit it like a word editor(with the text tool), I can select the words and delete, type, change fonts, etc...
Did I accidentally do something?
The last major change I did was change the windows paging file size and reallocated the scratch disk in PS (which later complained about poor performance yada yada..)
I've since changed everything back but it still doesn't work.