Seth Godin's Worst PPT Ever

Seth Godin has a posting on what he claims to be the worst PowerPoint ever.  I've seen quite a few really bad PowerPoint slides over the years as a teacher, trainer, presenter and PowerPoint expert, so can see that this one falls well within the pool of "bad" slides.  However, while I agree that this slide is particularly bad, I'm not sure that it meets the worst award criteria.  As a friend of mine who works for a major consulting company has told me "We use PowerPoint slides in lieu of a written analysis of our recommendations.  As a result our slides often are very information dense and fall outside the guidelines of what you'd recommend for effective presentations".  This slide could be part of the "deck" coming from a consultant with this type of message.

What do you think?  Is this the worst or do you have one that is worse that you'd like to share?