My advise would be first off get a dozen Carbon arrows. They will stay true and give you consistent accuracy. I would have to see the rest of your equipment to give you my opinion on it. Bows have come a long way in the past 15yrs, like a long long way. If you want to get into a newer bow for cheap I've got a Cabelas branded Bowtech fortitude with adjustable draw length, 50-60# limbs in mint condition set up and ready to hunt I'd sell you for $330.
Here's a pic of it if you're interested. It's just sitting in my basement collecting dust.
