The one thing that I would suggest, it is to not over bow yourself. It's really important, I have a good to Turkey Creek Longbow, you can get a Turkey Creek Longbow for about $475, I know it's more than what you mentioned, mine is a 43# @ 29 " and my Aero speed is 189 fps, so if you get the right bow even lower poundage, they are fast. I can't speak for the other custom-made bows but the Turkey Creek Longbow is really a nice bow. He is a sponsor on here.
I purchased my first bow for about $150 off the classifieds here, I used it for about three weeks, and sold it for the same price.
Carl