Using fonts installed on the system does not require the font be in the program's directory, but to ensure you end-user will see the font correctly you should have the font along with your program. That said however bitmap fonts much faster than using the Text command, plus the fonts can have all sorts of cool visual effects and antialiasing in 3D mode. There are a few free font systems to play with (look in GuiLibs in the Toolbox, plus look in the Code Archives) or purchase FONText; I have it and it works great.
Fonts
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