I shot the 04, but not side by side with my 03. The draw was very similar. A little less hump into the valley, IMO. I think the 04 was quieter with the new hush kit. I have added limb savers and leeches to mine to help quiet it. If you are considering an 03 or 04, I'd choose the 04. I like the balance better, and the grip is more to my liking.