Archery? If you mean 310fps a compound bow that is barely audible from 10ft away. Carbon fiber arrows, and steel broadheads... yes.

Before you traditionalists get on me for using a compound bow, remember that you're using the internet forum and not a slate chalk board.

PS. They did a mythbusters on the "robin hood" splitting arrow thing... Myth Busted. Apparently you can't even split an arrow if you hold it still and try to run a knife through it. The grains always prevail and force the knife/arrow out before it makes it all the way down.