This document provides an overview of new features in PowerPoint 2007. It demonstrates enhanced text formatting options like strikethrough and character spacing control. Graphics can now have effects like soft shadows and 3D applied. Pictures can be recolored or have their frames changed. SmartArt allows turning bullet points into graphical representations. Themes provide coordinated colors, fonts and effects across Office applications. Layouts offer more presentation options and custom layouts allow arranging content as desired.