Here's a more interesting timeline (describing what happened):
1. Had a copy of 10.3 and PS 7 installed, font menu wouldn't work EXCEPT in the character panel
2. Formatted and reinstalled 10.3 from scratch
3. Installed PS CS, Font menu wouldn't work with that either, EVEN in the character panel
4. Upgraded multi processor support for CS, still didn't work
And again, I CAN USE ANY FONT, I just have to know the name of it, or use the arrow keys to highlight the font and change it that way.
When I click on the pulldown button (looks like an arrow), it highlights but the menu never actually appears.
It's not a work-stopping problem, but it's enough to cost me a few minutes hitting the arrow keys all the time when I don't remember the exact font name.