RE: Am I just full of c@#% or not!
I'm a relatively new archer (started about 2.5 years ago) and I've only shot with a peep. Never even had anyone suggest I shouldnt' use one. Honestly I don't want to try and change something that is working for me. Well, that and I dont' have a bow press so installing/removing the peep requires a shop visit.
The good thing about a peep is to achieve a consistant anchor point. Maybe your anchor point doesn't vary enough to matter on shots under 40yrds. If you dont' need it then I would ditch it. It only slows your arrows down and potentially creates a problem in low light.