Is there a way to go back to a keyboard macro from elisp?

Question

I have been creating macros and saving them for later use with the following process.

1. Create keyboard macro
2. Edit the macro: C-x C-k C-e
3. Name the macro: M-x name-last-kbd-macro
4. Create an .el file then insert the macro definition: M-x insert-kbd-macro

With the lisp code saved for later, I'll load it up in my .emacs file. Perhaps it is my unfamiliarity with elisp, but the elisp code which is generated seems quite unwieldy. I much prefer the syntax in the macro editor, and I'd like to make updates and refinements to the code that I've created, so I ask:

Is there a way to take my elisp code back to a reasonable rendition in the macro editor?