Does anybody know the stance of search engines with regards to glitch text effects whether css or js?. Its kind of got me thinking that it could well lose you a few SEO points as in effect it is hindering (only slightly though) readability at clientside but then again search engines read the html source and what the user actually see's is of no consequence (unless its purposefully hidden text like they used to do in the bad old days, unnecessary -margins for keywords or text hidden as a background color). So the other side of me says that as long as the site is well structured, semantic and text is to the point then it should be no problem.
What are other peoples views / experiences on this, is it punishable or is it just an effect that will go unpunished?
For those who are not aware of glitch there are a few codepen examples here that show the effect.