As of my last knowledge update in April 2023, the font "Kellnear-Italic" does not exist in the widely recognized catalogues of typefaces or within mainstream typographic resources. This doesn't mean the font couldn't be a custom creation, part of a specialized or niche collection, or perhaps newly released beyond my last update.

However, let's explore the potential stylistic and artistic characteristics of a font that would be named "Kellnear-Italic," based on the implications of its name and the traditions of italic typefaces.

The name "Kellnear-Italic" suggests a font that is a variant of a base type called "Kellnear," stylized in an italic form. Italic fonts are traditionally designed to emphasize text or to convey a different tone, often mimicking a cursive or slanted handwriting style, which inherently carries a sense of motion or fluidity. This suggests that "Kellnear-Italic" would exhibit an elegant slant, likely with varied stroke weights to mimic penmanship, enhancing the dynamism and expressiveness of the text.

Given the modern trend in font design that embraces both readability and character, "Kellnear-Italic" could potentially blend contemporary flair with classic italic attributes. It might have unique detailing—such as unusual serif styles, distinctive curves, or inventive letterform treatments—that sets it apart from more traditional italics. The font could be designed to perform well in both digital and print mediums, versatile enough for use in body text of creative publications, elegant branding projects, or digital interfaces that seek a touch of personality and sophistication.

The artistic merit of "Kellnear-Italic" would lie in its balance between form and function; providing readability while adding an artistic touch to the text it composes. The font could have potential applications in various design fields, from editorial design, where it could add a subtle flair to pull quotes or emphasized text, to web design, where it could lend an approachable, human feel to digital spaces. Its creation would be a testament to the intricate art of type design, where every curve, weight, and slant is meticulously considered to convey a specific aesthetic and emotional resonance.