When I was in the military, I experienced this. I have a dagger on my bookshelf engraved with "Powerpoint Ranger" precisely because my colleagues knew my disdain for Powerpoint. I felt like technical accuracy was sacrificed for the sake of fitting a situational description in a table or a bullet point. Keep in mind, this kind of reporting wasn't for a live presentation or to summarize some other more thorough communicate. It was our communication medium. Take each event, update the slides, mail them out in the morning. Ugh. God help you if your font or colors deviate from the expected standard. Also, the General does not like orphan bullets. Watch out for those too.

I keep a copy of Tufte's "The Cognitive Style of Powerpoint" on my bookshelf now. If you ever want some arguments against PowerPoint, I recommend reading it.