This perl script takes into advantage the pstex and pstex_t export formats of fig2dev (xfig) to separate special text and the rest of a xfig file. Then, the text is processed separately using LaTeX, and everything is put back together at the end, to make a nice wonderful figure with the text formatted exactly the same way as the article you are typing ! PDF output is also available.

Though gv is strictly speaking not necessary for conversion, it can be called directly by fig2ps depending on the options you choose. For nice PDF output, you should install Type 1 fonts, such as lmodern or cm-super.