im not 100% sure on this - relatively new to the game myself, and only lvl 5/6 iirc, but i've already replaced shadowhunt

(i think ^^). Additionally, im unsure if this is random loot, and im using ooo 1.31, so :\
SPOILER:
When killing the members of the DB 'cheydinhar' faction (no clue how to spell / pronounce it

) for the 'purification' quest, pick up their chest keys.
in one chest is a bow which is an upgrade to shadowhunt, and also some arrows worth approx. 3k each ('dragon's teeth' perhaps? :S). bow was 'ebony' something or other.
also some nice blades etc in the chests.
note: i had problems with this and a few other quests, whether due to using ooo, or just being bug's im unsure. I'm usually cautious to never use the console in any PC games - i personally consider it cheating, but, after obtaining the key's to their chests, i still got the 'that lock is too hard' message (can't remember the exact wording), and i also got this on the Theives guild mission to steal something from a countess' jewel box. (pickpocketed the key from her in the day, went to use it at night, and got the message 'you need a key...').
On both occassions i had to use a console command to undo the locks (something along the lines of set MinLapLock 0 - google it

)
Re: the strength of bows/arrows - yes they do seem slightly underpowered, but i have done fine barely using a sword so far.
I'm unsure if it's because my blade skill isn't high enough, or the fact i have such low armour that mellee combat pwns me, but in general, with all 'tough' fights, i go for the sneak damage multiplier on the initial hit, and then just shoot whilst kiting my opponents. Admittedly, until i got a semi-decent bow, there were times i'd use upwards of 40 arrows on an opponent >_>
generally though, my acrobatic/agility tends to be high enough for me to stay out of mellee range of anyone, providing i have a little space.
maybe its because i played a frost mage in wow for about a year
