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PowerPoint 2007 has some nifty new features (although I also miss a couple of old favourites, such as adding a slide to your existing presentation, that automatically shows the titles of some or all the slides in your presentation, see tip_83.php if you're still using an older version and didn't know how to do this!)
The one I love is the ability to convert existing text or bullets into, say, a diagram (called SmartArt in Office 2007), which is often much more effective than flying bullets (aka Death by PowerPoint).
Here's how:
If you close the presentation, you cannot use the go-back-to-where-I-was-happy (Undo) button. Instead, you can copy and paste the text from the Text pane into a slide. OK, you will lose your formatting, but you will keep your information!
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