Unfortunately the magic wand can not reduce the number of nodes in your surveyor's polyline.
It uses those nodes in the polyline as points in the new magic wanded line, and can only add extra nodes (or not) between those points - depending on the magic wand settings.
But the original nodes will be in the new magic wanded line no matter what settings you have.
The only way to reduce them is for you to manually place a new polyline or spline by picking as many of the surveyors nodes as you need for the new line.
Barry.
One of the forum moderators.
Versions 6.5 to 25
Dell XPS- i7-6700 @ 3.4Ghz, 16GB ram, GeForce GTX 960 (2GB), Windows 10
Dell Precision 3510 - i7 6820HQ @ 2.70GHz, 16GB RAM, AMD FirePro W5130M, Windows 10