RE: Heavy arrow, more KE....light arrow, more speed..??
I agree with dwd here Will, we have to remember that speeds are in feet per second and our arrows are never in the air a whole second so even 30 fps here or there has no significance on a deers reacation time.
I had a deer fully duck my arrow at 285, the deer was calm, head down feeding, leg forward 19 yards. They are amazing.
And I honestly think they hear the arrow more than the bow.