Hello Phil,
the value (e.g. 36) you specify in Embedded Wizard determines the height in pixel of a text row including Ascent and Descent areas of this text. This aspect is demonstrated in the figure above. We do not scale the fonts or recalculate the sizes. When converting a font, Embedded Wizard passes the specified font height value (e.g. 36) as it is to the Windows font engine. The engine rasters thereupon the glyphs accordingly.
The interesting question thus, why does Windows calculate the font height as it does actually? Frankly speaking, I have no idea. What we can see, the resulting glyphs have the right metrics so that the distance between two consecutive text rows does always correspond to the specified font height (e.g. 36 pixel).
I will put this item on my list and discuss it with my colleagues.
Best regards
Paul Banach