font styles

is there a way to create styles for fonts in photoshop, that work the same way as in quarkXpress, or freehand?
i'm not talking about layer styles, what i'm looking for is something like cascading style sheets within photoshop 6.
something that allows you to define fontsize, leading, tracking etc.
so, after making a change in your 'stylesheet' it'll automatically change alle the texts the style was applied to...

having to edit every single text manually is such a pain in the ass.

Short answer: Nope.

Yup. With Photoshop, there's nothing in the form of batch text editing.

For template style graphics, about the most you can do is leave all your text in a layer set to keep it handier to edit.