Just spent the day in Quicks Archery Store near Hampton Court with 2 people from my club, tried out a variety of bows and now I have my very own bow!
On the downside I'm now £350 poorer, and counting as there are things I need that I haven't bought yet.
The riser I bought was pretty expensive at £215, but is really really nice to shoot, and a thing of beauty. It is incredibly well made, and has a gorgeous anodised finish instead of a cheap looking paint job. The silver one of these. It should last me for ages. I had it in mind for its reputation as a really good riser, but wasn't thinking about it on aesthetic grounds. It is so much nicer to look at in the flesh though, utterly gorgeous, and very strokable.
Also bought some decent but not too expensive limbs (£90), as I'll probably be upgrading those at some point in the future, and some more money on all the other bits and bobs.
Not cheap, but damn nice. I don't think I've ever spent that much on anything before, with the exception of my laptop.
I'll be spending another £120 on carbon arrows before the outdoor season too. I fear I've started a slippery slope to poverty, as there is always something you can replace on your bow with something better and more expensive
However, overall I'm beaming.
Don't let this put you off archery though, you only need to spend large sums of money if you want really really good equipment and are taking the sport pretty seriously.