PowerPoint 2007 offers six effect types that you can apply to most slide objects including shapes. However, there may be times when you don’t want to go through the trouble of experimenting with these six effects to see if a particular shadow effect style works well with another bevel effect. If that sounds familiar, you will love the Presets option that combines effects that generally work well with each other.
Apply preset effects to shapes in PowerPoint 2007 for Windows.

