RE: Do you really need a $700 bow?
No, I don't need a $700.00 nor do I think it's necessary. Now I don't think you should run out and buy a cheap bow either. I believe as long as you get a bow from a reputable manufacturer I don't think you can go wrong. There are lots of good quality bows on the market that will perform just as good as the highline bows for a fraction of the cost.
Most important though is you get what YOU want.