SA-
Merlin is doing nothing different than Martin or Alpine or what a handful of other companies are doing with their 5 year limited warranty---in fact Martins' warranty is very closely worded to almost the same as Merlins.
Merlin stands behind their products 100%, and that is the bottom line. If say 15 years from now you had a problem with a bow that had a so-called "lifetime warranty"----do you actually believe that you would get it repaired for free or a replacement bow that will probably cost $2500 then for your $700 bow now IF it offered a "lifetime warranty"? LOL, keep dreaming--- Example---High Country made their Supreme in the early 90's and this bow was one of the most popular bows of it's time, it won everything and was a great hunting bow to boot. Now, only about 12 years later, do you realistically think you could get one repaired for free, or replaced with a new model? No. First because they no longer carry parts for them because they are "obsolete", (most companies only carry parts for 3-5 years and they love to use that word after that) and second because a "new" bow would cost more money. What they do is "pro-rate" according to age and retail value of said bow at time of sale, and then act accordingly. All companies do this, so when you get down to the meat of it your "Lifetime Warranty" is nothing more than a marketing ploy used by manufacturers. Merlin, Martin, Alpine, and others do not "blow smoke" and tell you straight, that simple. That's all. Most people do not keep their bows for more than 3-5 years as a general rule, so a "Lifetime Warranty" only applies to those who keep their bow for more than that timespan, and what with the parts not being available much after say 3 years, they are thus subject to the same type of "prorating" and are on the same page as any other company offering a 5 year limited warranty or equivalent.
Bottom line---if you trust in the quality of the company you purchase from, you will have no problems. Merlin will back their equipment and if nothing happens in two to five years under normal use, chances are nothing is going to---- and besides, you have a solid contact here in the states should you ever have problems anyway.

Good shooting, Pinwheel 12