I agree with zoran. This is probably a case of Adobe's lawyers protecting them from other lawyers. Pitstop lets you edit type, even if only a subset of the font is embedded (usually the case, you're just limited to characters that were in there somewhere to begin with). It will ask you if you acquired the permission of the font creator for many fonts before letting you edit type set in them. I don't know about the rest my fellow Pitstop users, but I have all the common font foundries on speed-dial and call them tens of times every day. They're always very helpful, and say things like "sure, go right ahead and change that comma to a period."
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