I have tried one before. The draw backs are weight, expense, it limits you to one pin (some are movable, but most are stationary), and you are using something that requires batteries and can fail at the worst possible moment. Oh they are also a bit of a pain to set up, sort of like a no peep.

The upsides are they work great in low light, you can adjust the size of your pin (light intensity) and you can use one without a peep if set up correctly.

If I were strictly going to hunt at 25 yards and in I might consider one again, even farther if you had a really fast bow (mine is not). But if you do all kinds of shooting at different ranges I like a pin sight, either multiple pin or movable.

I don't see where using a red dot is cheating any more than using any of the newer fiber optic pins that are really bright or work off an external light source. I don't see how anyone that shoots a modern compound can look down on someone that wants to use a red dot. It's not like he wants to use a six power scope to shoot spots at 20 yards. The red dot offers no real advantage other than an easier to see pin and you can do away with your peep. Those are things you can do with regular pin sights as well.

Paul