I'm about your size, between 120 and 130 lbs and 5 foot 3 inches. I can draw around 70 lbs if I want to and if I shoot alot. However I don't. I shoot at around 55 lbs with a 26 inch draw. I have no trouble killing deer inside of 30 yards. I also shoot a 450 grn arrow so only get a little over 200 fps, still doesn't keep me from killing deer or hitting what I aim at as long as I am confident about the distance.

Something to keep in mind, my bow with a 55 lb draw weight and 26 inches of draw is just as fast as my buddies 13 year old darton set at 72 lbs and 27 inches with the same arrows. He has killed a butt load of deer with that bow so I think ours will work just fine. And that doesn't even take into acount all the deer that get killed with traditional set ups that are no where near what you shoot with light set up compound.

My opinion is stay above 400 grns for arrows and pick your heads wisely and you should have no problems killing deer. I would worry more about your form and shooting ability then your equipment. I think most people would be better off shooting less weight than more.

Good luck,
Paul