RE: penitration
One thing that's often overlooked is how your nock fits the string. When it fits too tight it will rob you of energy, plus make it very difficult to get good arrow flight--both of these will hinder penetration. With a properly tuned set-up, sharp cut-on-contact broadheads, and a reasonbly heavy arrow, 40# will poke a hole in both sides of a whitetail.
Chad