Thanks again :-) The stroke to path on the duplicate (of the text) doesn't work for me. When I do Path -> Difference on the original text and the duplicate (+edited stroke + stroke to path) they cancel each other out because the stroke apparently isn't used in the calculation... It worked for me by ...

ran into a problem/bug or I am simply stupid.
I did this:

1. wrote text
2. object to path
3. duplicate
4. edited stroke on duplicate + stroke to path
5. select both and do Path -> Difference

... but nothing happens :-/ What am I doing wrong?

Thanks to you both! RobA's method seems the easiest way to go - I'll try that first. Good to know that there IS a way to do this albeit a bit tricky. Hopefully Inkscape will take these hurdles in the not so far future so it will be truly awesome and stomp Illustrator in the ground :-) Now I only hav...

I tried Ilogg's suggestion but sadly that won't work...

I made a simple icon with Illustrator cs5 and I'm trying to reproduce a similar one with Inkscape now. For the text I used Myriad Pro which has sharp edges but I wanted them rounded... I didn't find a similar font with rounded corners so I tried to made it myself. But it seems that atm Inkscape does...

As the titles says I'm trying to get rounded corners onto my text. So far I tried the stroke and the dynamic offset method but they are too imprecise for my taste. Additionally both methods change the size of the objects (letters) and I don't want that.
Are there other approaches to this problem?