Is PowerPoint Evil?

I recently came across this video by Chris while browsing While he isn't the most exciting presenter, he does give a great summary of the most important points presentation design in an academic setting.

I was especially interested in the Q&A portion. One audience member said that if she were to just put up pictures and a few words she is afraid her students would think that it was a "Mickey Mouse course."

Is Powerpoint evil? from Chris on Vimeo.

What do you think:

Is good slide design too juvenile for an academic setting?