Thanks for all your inputs. I have been asking around to some of my buddies that have been bowhunting for a while and just about all of them admit to losing deer after and archery hit at least once. And all of them say they were good arrow placements, so I am not sure if this is a bad idea or not.

Just to clarify the receiver unit is the pricey part, once you buy that you can buy replacement transmitters that go on the arrow tip for $89 for a set of two. The reciever and two transmitters are $219.

And no, I don't have money falling out of my ears! or anything else for that matter. It is just hard for me to rationalize not doing everything I can to insure ethical harvest. Not to mention that fact that we all spend a fortune (both in time and Money) hunting, so if I get a good shot at mr.big and he runs off to die in a thicket, that is a sick thought.