This is great! It reminds me of a Tom7 video of a similar ilk: Anagrams, but where you can break apart letters: "Anagraphs" - https://www.youtube.com/watch?v=qTBAW-Eh0tM.

Similar to this, he produces a standard form for each word, but breaks each letter into letter pieces or 'atoms' which gives much more freedom for moving between words.

Definitely give it a watch. If you are not familiar with Tom7's videos, he has a hilarious whimsical style while also bringing to life completely out there ideas with some brilliant technical skill.