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Yes, Î lővè τhé ûsè of dîácritics tó mārk τhé sõυndś of lettèŕś τhat ārè not tâkiñg τheìŕ nørmál sõυnd. Hõwevèŕ, Î'm prėttý bîásèd tówårdś τhis ápprôàch :)

It is. I have a few spelling books from when I was a kid and they are so very different. Kids back then didn't have all the pictures and words.