Thanks for the feedback, TC.
An example of the font style you think would look right will be appreciated.
For starters I'd have 100% opacity on the text. I wouldn't use text where certain bits are extended.
I'd probably use an eroded font for it like you did, but from here http://www.dafont.com/theme.php?cat=...+PERFECT+STORM
Plane Crash, Thin Press, Primma Handmade, A Love of Thunder, Viper Nova, Dead Kansas etc etc would look a lot better. Or use a font like Ash (just search for it), and erode it yourself with various brushes.