Some of these effects might be useful in a presentation. For instance, if your windows break apart into small shards of shiny glass (making a slight noise when doing so) and then disappear, it might be engaging. This sort of thing is common in films like Minority Report.
I remember I have to do a presentation for a country that I picked to present for my 9/10th grade history class. My first slide have that blue flaming text as a title that I generated from the flaming text generator website back then.
I'm pretty sure PowerPoint is way older than that. It was already there in basically its current form with all the terrible animations in office97 but it goes back to the late 80s.