Question About Projecting Video Text on to Fabric Sculpture

I’m investigating an idea that involves projecting video text on to fabric sculpture. For example–a poetic text broken up and projected on to a geometric shape.
Can this be done relatively simply and inexpensively? Can the text change a few times as in a slide show?
How can this be done?
I’m asking blog readers and Facebook friends–my creative virtual group! This project might also be a way to cover a wall in text without having to install vinyl lettering.
Your ideas are truly welcome!