Sorry for the shameless plug but I have a really cheap and perfect condition PSE on ebay right now that has no bids and is starting at $20 with no reserve if you don't have money to get something brand new. This was my first bow that I bought new, and is in great shape, I would imagine the auction will end at WELL under $100 if you want something that is reliable and cheap. It is deadly accurate and quiet too, but not the fastest thing around. I have killed a LOT of deer with it. It is a 28-30" draw and has 60-70lb limbs. I would love to see another person be able to kill a few deer with it and hopefully get involved in a lifetime hobby for cheap.
http://cgi.ebay.com/ws/eBayISAPI.dll...e=STRK:MESE:IT