Quote Originally Posted by TrippyTom
Well, the quick answer is to check out PPTools. They have an addin specifically for this (called "Optimizer") and it works great:
http://www.pptools.com/downloads.htm
Thank you for the suggestion. My main concern with that solution is that I need to be able to distribute the presentaiton and all addins need to be installed on the client.

Do you know if there is a way to distribute a presentation with the pptools addin intact? I would purchase it in a second!