PowerPoint 2010 has not introduced any new effects – what has been changed is the UI of the Animations tab to include Timing settings. These help you manipulate animation effects with greater accuracy ensuring Slicker Animation and Transitions.
In PowerPoint 2010, Transitions has its own tab. There are more options for Transitions effects and timelines as well.
Users now have the option to add effects to each transition, creating more visually adventurous PowerPoint presentations.
Next: Organizing Slideshows Gets Easier with PowerPoint 2010