However I believe that the 360 version has a built in option to make the text "SD" or "HD", or in other words, readable or unreadable.
I really cannot disagree enough with any developer that releases a game with text so small you have to practically press your nose to the screen and give yourself eye strain in order to read it. Why not just not bother having text in the game at all if you are going to do this. It is beyond stupid that they would do this.
Dragon Age was another culprit of this appalling crass stupidity, but fortunately there was a mod for that that made the text bigger.
Even though it should not be for private gamers to have to create mods so that players can actually read the damn text, it should be for the makers to create a readable UI in the first place.