In the LyX word processor, which I recommend highly for technical writing, the on-screen layout of lists is very spread out. You can fix that easily by editing your stdlists.inc file, which you’ll find in /usr/share/lyx/layouts/stdlists.inc on linux, or in c:\Program Files\Lyx\Resources\layouts\stdlists.inc in Windows.
Just change ItemSep, TopSep, BottomSep, and ParSep to 0.0, and the bulleted lists become nice and compact.
Format 4 Style Itemize Margin Static LatexType Item_Environment LatexName itemize NextNoIndent 1 LeftMargin MMN LabelSep xx ItemSep 0.0 TopSep 0.0 BottomSep 0.0 ParSep 0.0 Align Block AlignPossible Block, Left LabelType Itemize LabelString "*" End
EDIT 9/2/2008:
It’s better to edit this in your preferences directory. Copy the stdlists.inc file to your Lyx preferences directory (in Linux: ~/.lyx/layouts) and edit it there.