OH BOY>>> Well alot of things have changed... I started shooting a bow in 1970... is that old school ??? I dont know. I started with a recurve no sights fingers... and now I shoot one of the fastest and most advanced bows on the market with all the very best toys.
IN 1980 I got a compound bow and was able to break ballons at 15 yards and thought that was great... Well then I went to shoot in Ohio about 40 mins. from my house, called the Ravenna arsanal shoot. You had to shoot 100 points to get into a drawing so you might be drawn to hunt there. This is where the famed Hole in the horn buck came from..Well I made that 100 points but I'll tell you I seen some equipment there.. Those people were shooting around 900-1000 points.. Something I was doing was not as good as they were..I went to a local pro shop bought a better bow,got alot of pratice in and the next year I shot around 600.. Still fingers but I had sights now.. I was alot better.
I am not saying that alot of equipment will make you a better shot.
I am going to suggest that you go to a pro shop, that has indoor or outdoor leagues. Watch some of the better shooters. Look at the equipment they are using. ask them questions why they use that stuff.
In those leagues you will find all sorts of shooting forms--fingers--release--recurve--compound--and so on..
You need to ask yourself ..... how good do I want to be..
If your answer is the BEST I can be. Then the modern archer needs STUFF
I hope this helps
By the way at that Ravenna shoot, if you were in the top five archers you were automaticly able to hunt.. It took a couple of years but I was one of those top five.. and now over 20 years later I still shoot alot of STUFF and love every min.