I think it's all about how you want to get there and what floats your boat.
A person could get an inexpensive recurve bow from the 70's (a Darton, Wing, Browning ect.), put together some inexpensive, but accurate aluminum arrows with basic broadhead (Magnus or Zwickey with adapter) and you will have everything you need to accurately kill a deer for under $200.
Bow $75
Arrows $50
Armguard/glove $30
Broadheads/adapters $40
That being said, here is a dozen arrows I just put together for myself:
Vintage Acme premium shafts from Ron LaClair $40
Tapering, staining, crown crest from Wilderness arrows $70
3 dozen chopped natural/dyed barred feathers from Turkey Flight Traditional $35
Total= 145/12= $12 per shaft plus $13 each for 3 blade Trailmaker Broadhead from Kustom King and now I've got a $25 single arrow. :eek:
That being said, it boils down to what makes you happy and what you enjoy and then what you want to spend. I would love to have an early 1970's wood handled A riser Bear takedown to hunt with and I suppose if I didn't do all the other purchases I've done in the last year for wool clothes, arrows, double bull blinds, treestands, other bows, Swarovski bino's, ect. and saved the $2,000-3,000 it takes now to get one I could have that bow. But I've enjoyed getting all the other things I've purchased. So, yes, less expensive stuff will get the job done-and do it effectively. Yet there there's a personal decision available to those who want to go beyond the basic need. That's the great thing about our sport.