RE: Suppose you have $300-$400...
I'd go with a Darton. They've got some really good bows for right around $200, this leaves you some extra cash to pick up some extra goodies like arrows, a quiver and if you're into it a release, or a stabilizer ect. But that's just my .02.
An Archer likes to see how far he can shoot his arrow. A Bowhunter likes to see how close he can get before he has to shoot his.