Great to see your back into the archety world! You are gonna $#!% when you shoot the newbows for sure. If you are looking for a good hunting bow shorter ATA will probably be better for you. 40" ATA is considered a target only bow in todays age. For a quality bow that will last along time like your previous bow i would suggest you go and shoot the hoyt alphamax. They are available in 32" or 35" ATA and the brace heights are forgiving enough. It is a good shooter adn will do what you want it to do.

ATA being longer will help the bow stabilize easier, but that doesnt mean in the right hands a short ATA bow cant perform just as well as a longer one, so its really all about personal preference and feel.Some say its easier to hunt with a short ATA bow. I owned a 31" ATA bowtech and hunted with it, and hunt with my 36" bowtech now and i really dont feel that the length is a disadvantage.

What is your draw length adn what draw weight do you plan on shooting?Most 60# bows today will give you plenty of speed and KE to do whatever you need it to.

For hunting arrows, I would suggest the easton axis series arrows. they are very consistant and fly well. They are quality arrows and will be great for hunting.

there is much more help you can get on here, i just dont have anymore time to type lol!
Derek