I've set anti-aliasing on smooth, zoomed to 100%, and it still looks terrible. Not using the faux bold or italic. I've tried 'reset character' and it looks even worse. Tried all the other anti-aliasing options too. I honestly can't think of anything else.
It's may be the 'cheap' font but I've included someone else's image using the exact same font and it looks fine. What's going on? I've never had this problem before. The only thing I can think of is I've only just started using photoshop on my Macbook, do macs not read ttf files correctly? Any help would be much appreciated.
Using CS6 and MacBook Air.
vs 
both pngs at 72dpi.