I like this a lot. It looks particularly good at huge point sizes.
On a few letters with diagonal stems, (M,N,X,Y), the upper left internal shadows appear to me to be not wide enough, when compared to the V and W, which seem to be more proper.
A few glyphs, (M,W, @, %), look darker to me, at smaller point sizes. Perhaps small inconsistencies in the widths of some random shade lines might account for this; possibly a few lines are one unit thicker or thinner than the others, which affects the vector display when reduced below 72 points?
A 'shadow only' version might look interesting, as well.
Thanks for your feedback, I'm glad you like it.
An update will coming soon, I make corrections for spacing letters, cleaning some shadows and other adjustments.
A "shadow only" sounds really good and could be make easily, I keep the idea for a next version!