Are there any bow shops near by ?
Even if it is a 2 hour drive, DO it, at least to get fitted for the correct DL and shoot a couple bows.
I would look for a single cam bow @ 60#, with an adjustable DL cam on it
Single cams need very little tinkering.
I wouldn't worry to much about speed.
There has to be somebody on PEI that shoots a bow, SEARCH HIM OUT.
I think the tricky part is getting the bow set up right the first time - timing - setting up the rest - setting up the peep and such.
The Martin MOAB comes to mind:
Single cam
Smooth draw
Decent speed
Easy to tune
Reasonable price
Outstanding Customer Service
You don't need a bow Press to work on it
It has a lot to offer to somebody in your situation.
Plan "B"
I know several folks that have bows from these guys and had nothing but good to say about the experience.
They offer several good packages with everything you need, soup to nuts.
Comes pre tuned, arrows cut to length, quiver, BHs,sights ........
http://www.huntersfriend.com/
Their guarantee:
your new bow is guaranteed to fit you correctly and be shooting properly from the very first shot you make.
Hope this helps
Leo