Since it is only two characters I would only select the M in Photoshop and paste the flowers image into the M to create this image. I would first make the flowers a symbol. First thoughts
Typophile
node 7860
The S and M are two fonts. The S is a Sans Serif and the M is a serif with dimensional drop shadow.
could you use this instead? http://www.free-font-downloads.com/5.Script-Fonts/657.Paisley-Caps.html
The M looks like it could be related to this, no?
Is this perhaps what you were thinking of, Ric? It's as close as I could find yesterday but isn't a match.
The Pulp cover was designed by Peter Saville.
From what I can find, the type is by Louis John Pouch�e, collected in Ornamented Types: Twenty-Three Alphabets from The Foundry of Louis John Pouch�e [I.M. Imprimit in association with St. Bride Printing Library].
Captured from web.archive.org on 25 May 2005. view this capture