Formatting with WordArt
Standard formatting options, such as bold, italic, and underline, are all available on the Home tab. WordArt, however, is just as useful in formatting even though it is typically used sparingly in presentations.
You can find WordArt text effects in the Text group on the Insert tab. When you apply a WordArt text effect, PowerPoint 2007 displays the Format contextual tab under Drawing Tools. Using the Quick Style gallery in the WordArt Styles group, you can choose to apply WordArt to either selected text or all the text within a shape. New text features include character styles for additional text choices. You can also now add fills, lines, shadows, glow, kerning, and three-dimensional (3-D) effects to text. ...