It is not a "bad bow". PSE makes some decent quality bows for just about every price range. The only draw back is the axle to axle length to some extent. If you are upgrading and or are a relative beginner then the axle to axle length might make it a little more critical to shoot.

An "in law" of mine bought this bow a year or two ago and I set it up for him. The accessories are not top notch but acceptable for the type and amount of hunting that he does. The bow shot very well both in his hands and mine though it took a bit of getting accustomed to for him as he was just coming off shooting a 42 inch "early '90s" PSE bow that weighed about as much bare bow as this bow does when it is fully loaded.

I would definitely keep it as an option but would suggest looking for something a bit longer in length.