I've seen 'C' macros used to do template-ey things that probably reinforced the readability of the code ( once you get used to the fact that the macros were there at all ) .

More modern compilers allow using non-static "const" constructs to do much of the same, which is a great improvement.

To wit:

#define in_bounds(lower,x,upper) ((x <upper) && (x >lower))

vs. const bool in_bounds = ((x > lower) && ( x < upper ));

Macros can be used effectively for reduction in strength, so long as you're not too clever about it.