I recently posted this bug on the Chromium bug tracker. There's a bug in Chrome when using SVG fonts for select tags. When the select tag is opened, all text becomes jumbled in an "off by one" situation. "ABC" becomes "BCD" and so on.
But, there's good news if you're only using SVG fonts to make up for areas where Chrome's font rendering lacks. It looks like they're finally working on fixing the rendering problems with ttf/otf/woff files using GDI instead of DirectWrite!