I used aluminum for the very first set of arrows I ever had (seems like 100 years ago!), but decided wood was much better after having to use 'em for re-enactment/re-creation stuff. Mine are POC, straight, spined as close to 52# as I can get them -- usually 11/32" diam -- and finished weight is 430-460 grain (at least, 445-450 seems to be the average); 125 grain points, shaft cut to 30" to back of point. I do need to straighten them before I can think of building them, but I suppose that's normal for all woods. I just use a clear finish on mine, so the natural wood grain shows. I can usually get a dozen arrows done in about a week, working on 'em a couple hours a day; four days, start to finish, if I spend at least 8 hours a day on 'em.
Oh, and I used to taper the point and nock ends with a True-Center(tm) taper tool, but didn't like how it would sometimes tear the wood instead of cutting it -- so I bought a Woodchuck(tm) taper grinder; Slick! Now I only use the True Center(tm) for field repairs... And I usually buy TrueFlight(tm) feather fletching, but have on occasion stripped/cut/ground my own from Canada Goose feathers.
The last dozen I built cost a total of $45 for shafts, fletching, nocks, points, glue and lacquer finish.