I'm using 2007. I don't see a Pic Tools. Just things like Design,
Insert,Home on the top menu.
When you select a picture, look at the right side of the ribbon ABOVE the Format
item. That's where Picture Tools appears.
What I'm really after is suppose I have a 1M jpg file, and resize it in
PPT. Now suppose I edit it the same jpg file to 800x600. I now put both
of them on a slide and project them onto a large screen. Will I see a
resolution difference?
Probably, but impossible to say, since you haven't specified the resolution of
the 1M image. But to simplify things, you want images to be at or slightly
higher than the max resolution supported by the projector. That's the limiting
factor. Most projectors nowadays go to 1024x768, with somewhat higher
resolutions in the not-too-distant future.
Your best bet, IMO, would be to put the images you intend to use in a directory
by themselves, batch process them down to, say 1200 pixels wide (IrfanView is
great for this, and free). Experiment with the JPG compression/quality settings
... the lower the quality you choose, the smaller the JPG. A big of quality
reduction, say to 90 or 95%, can give you files that look fine but are much
smaller than at 100%.
Then drop the files into PPT.