In Powerpoint 2003 one can set the speed with which text appears when one lets text appear one word or one letter at a time. For example, one new word every 0.5 seconds. In Powerpoint 2011 I am not able to find this functionality. The speed with which each new word shows up is just some default like 0.5 seconds, and I cannot find a way to change this. It is strange if PP 2011 has less features than PP 2003, so I sure there must be a way.