Just last night I read an article on another bowhunting site that delt with this topic. I' ll be more than happy to post a link if you want it. It is suprisingly simular to what Taz stated and basically talks about a hunting triangle which is composed of three key attributes, Challange, Experience, and Harvest/Kill.
As hunters mature in the process they bounce around between the areas until finally the experience becomes the most important factor. Made for some interesting reading and it sounds like you fall in line perfectly!
Personally, I wouldn' t second guess myself and continue to do what you find pleasurable. If that for the time being is watching wildlife instead of harvesting it, then so be it. Now get back out there and enjoy your time afield.