RE: Do you really need a $700 bow?
My wife got me a new bow for Christmas. I had my choice of any bow I wanted. Iopted fora Reflex Super Slam. I think I found it on the internet for around $400.00. I love it and I am sure it will perform flawlessly for me. It has at the range and in the back yard so far. I think that all you need is a good quality product and a whole lot of confidence.
I wouldn't skimp on any accessories though.