I'm also a happy AxPoint user. I noticed that your PDF file includes a number of sequences of slides which are the same but with the addition of one bullet point. Did you know that AxPoint supports having the bullet points appear one at a time? Just add a transition="replace" attribute to the <point> elements. The advantage is that if you print the resulting PDF, then each slide will only take up one page rather than many.

Update after re-reading the docs, you need to use -p on the command line to generate a 'print' version with one page per slide. The version you use on-screen in the presentation should be generated without -p and will use multiple pages for the bullet-at-a-time effect.