Is "WAXTRAX" an outline font, or is this just a thin typeface with a stroke applied? I can't seem to get the same effect by applying a stroke to say, Helvetica Condensed Light. Thanks!

Cyclone Shaded  Suggérée par frd 

Just in case you're only looking for something similar.

The key to getting the stroke right is to duplicate and place a heavy stroke on the bottom layer whilst having no stroke on the original layer. I'd use Tall Films http://www.dafont.com/tall-films.font?af=on&psize=l&text=WAXTRAX+%21 as a starting point although the bar on the A needs lowering