I know this might be a bit hard to tell from one letter, but does anyone know what this decorative font might be?

Many thanks

University Roman  Vorgeschlagen von LaurenRuth 

This W is modified though...

Thanks, good spotting

No modification necessary - it is an alternative on the font
http://www.myfonts.com/fonts/letraset/university-roman/regular/glyphs.html

@Heron2001 - All this time I had no idea, XD Neato. Thanks.

As a typographer, I never cared for the Alternates - and when Optifonts made Chickadee was well, all we could say was get the throw up bags ready... I like University (I see it and think of Johnny Carson...)

I've been told life isn't worth living unless we learn something new each day - glad I could contribute to your day...

Thanks Heron

Yeah... taking the credit on this ID kinda feels like "playing slops" lol http://en.wikipedia.org/wiki/Glossary_of_cue_sports_terms#slop