Mike Dote wrote:
Hey,
I'm interested in creating a watermarking script in photoshop, importing some text from illustrator. How do I do this?

There are many different approaches, from complicated (extra files with images to overlay) to simple (using text and Layer Styles) and a huge array of options between simple and complicated.

For one based on Illustrator text, I'd use Russell Brown's approach.

Go to Russell Brown’s Tips and Techniques page and search for ‘Digital Watermark Branding”. He’s got  a video explaining how and a sample Action set to set up watermarks or other kinds of ‘branding’ labels.

If you’d prefer a non-video tutorial, Sean Duggan has one in Layers magazine which details how to use custom shapes (either from Illustrator or native Photoshop) to add logos or watermarks, including how to batch process them.