I am really considering doing bow shoot-outs this summer. I was just wondering if the Bow i have is okay. I have a Bowning single cam compound with cobra stabilizers and silencers. I have a truglo sight and cobra rest. I am a cheap guy, but I am not going to go out and spend $1000 on a Mathews bow and then have to buy all the accessories just to shoot it and not including the arrows. Would my bow at #55 be alright for some competitions?