So my real problem is trying to find a tool that can create a bitmap font that I can use with Game Maker. So for I have not had any luck.
There are many tools that generate a *.png and *.fnt file, but Game Maker can't split these, either because I don't know how, or I have yet to find an exported *png without the *.fnt file. But if you've got each font in a separate file, it works just fine.
So I think to myself, "It's a wonderful world. I'll just parse the *.fnt file, split the png into separate files, and done."
Except, at least with the current font, the baseline doesn't seem to actually match the real baseline. I'm just using the default export from http://kvazars.com/littera/ if you want to try it out.
Am I right that adding the base to the y doesn't really give you the baseline for the font?
Edit:
It seems that the base line is what it is, but for the adjusted glyph, not the current glyph. But I still haven't figured out how the padding fits into it all...