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Yes.
Jobs had his devs make it for him as he hated powerpoint. Then it was released.
It is what Mac OSX is to Windows XP.
ie, elegant, seemingly simple (yet has massive underlying power), easy to use, and integrates perfectly with all your media.
However, the real key with any kind of presentation software is to learn how to give a good presentation.
I recommend Seth Godin's "Really Bad Powerpoint".
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