I only shoot wood arrows anymore. I can get a set of plain janes done up for well under $100 a dozen. I break them, lose them, straighten them, spin test them, its unending. But.... For me the argument for the traditional bow is the exact same argument for the wood arrow. Of course there's easier ways out there, thats the point. I've built my own in the past, and I will again in the future, its only hard if you're going for fancy. I keep mine plain and simple so when they break theres no heart ache. As far as tools needed for wood arrows, its just a fletch jig, a taper tool, and a knife or small saw. I use a 2" pulley wheel to straighten mine but your hand works just as well. I have an alcohol lamp for doing tips with hot melt but a candle does the same job. Its all what you make it to be. If you try wood try doug fir. A lot less straightening and very tough.