BirdFont is a free and Open Source font editor that lets you create vector graphics and export TTF, EOT & SVG fonts.

BirdFont enables you to easily start working on your own font as soon as you launch the program without complicating things with hard to follow tools. The interface is mapped out in a very functional way providing you with easy access to all the features needed to start the creative process.

The video below clearly illustrates how easy the creation process can be.