Text Alignment Shortcuts
With the text selected, use these easy shortcuts to make alignment changes. The ability to control the justification of the last line of a paragraph is new to Photoshop 6 and 7.
Toggle Hyphenation of Paragraph
Mac: Cmd + Option + Shift + H
Win: Ctrl + Alt + Shift + H
Toggle Single- and Every-Line Composer
Mac: Cmd + Option + Shift + T
Win: Ctrl + Alt + Shift + T