I"m sure there will be many different responses and opinions to this but here is my 2 cents....to be honest my bow package was between $350-$400 (Fred Bear)and I love it...works great for me and I've killed deer no problem with it and I'm comfortable with it! However, their are definitely cheap accessories and bows that I would steer clear from because they are mfg. cheaply and they are not efficeint and will not be efficeint in the field....of course if you know what your doing or you go to a good shop then they can hook you up with a great package within your budget.....Do you need a $700 bow package? No.......there are many variables and one the most important variables is the hunter and his skill! I think many of us get all caught up in the new and improved bows and accessories on the market and we enjoy spending the money to buy them because we love archery hunting!