For 99% of my fishing use either a Discovery or Intensity bow with a stabilizer mounted Synergy or Zebco with either 200# fast Flight or 200# Power Pro line. As far as arrows a plain fiberglass shaft tied to the back with a Muzzy tip works well.
If I'm shooting gator gar pretty much everything is the same except I'll use a slotted retriver reel instead of a spincast reel.