RE: best way to go about this??
One other good bow for about $220 is the Buck Saber by Champion, I shoot one of these, and it's a great bow, especially for the money. You will have no complaints with this bow, and you can get top end accessories as well as whatever arrows you want and a target for your budget.
Browse the tech forums on this site and others to get a good idea before going and making the purchase.
"In heaven, even the fish have antlers"