Yeah, I've seen way too many scientific presentations where the audience reads along with the speaker as he repeats verbatim what's on the slides. Some of the problem is just poor presentation making/giving skills, but some is that people want to make slides that can be read outside of the context of the presentation. This is not the right way to prepare a talk, since the essence of a presentation is the presentation. Since most presentation programs (including LaTeX) allow you to attach notes, these should be where the spoken text, or a reasonable alternate, should be placed.
I don't have a problem with simple bullet lists, as long as the points are adequately illustrated through the spoken delivery or graphics -- preferrably both. I'll occassionally make a slide with almost no text, only graphics, because it better expresses what I'm going to say.
Since we've digressed from the merits of presentation software to the way it's used, I might as well mention _Dazzle 'Em with Style_, by Robert R. H. Anholt. It's worth a read for pretty much anyone who has to give more than one talk a year.
All that being said, I want a program that *helps* me put together the talk I want to write, rather than one that gets in the way. I've yet to see a program with the right balance.
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