I made up a few dowel arrows this year for flinging at squirrels. Those seem to be the ones I lose a lot of, so I spray painted them blaze orange. When I hunted, I carried 3 broadheads (shafts all natural, and fletch natural turkey feathers), and 2 of these blaze orange shafts (natural turkey feathers) in a bow quiver. I was in a tree during bow season when I noticed movement about 300 yards away. It was my brother, who was working his way through the woods in my general direction. I figured he would never see me since I was pretty well hidden where I was but he came right toward me as if on a string. When he got under my stand he pointed out that the minute he had topped the rise (probably 300 yards away), those 2 orange shafts were glowing and he saw me instantly.
So, in addition to their value in helping find arrows (which they do), I guess you need to think about whether you want everybody seeing you from a mile away, too. Not a problem to me, so I'll keep using them, I guess. They do help me find the arrows.
B