Saying that only bodkins are useful is comeplete rubbish and show you are no archer.
I have masterwork bodkins and at the moment I often use nonloomed barbed arrows, because of money issues (bodkins are very expensive and together with longbow you lose all your money if you haven't constant x3 or higher).
With my loomed bodkins I need 2 shots for a guy in light or medium armour, except for those with very light armour and 0 IF.
With my nonloomed barbed arrows I need exactly the same amount of arrows for those targets --> 2
So other arrows are actually not useless. And now if you have for example loomed tatar arrows, you will probably oneshot most people with light or medium-light amour.
Bodkins only advantage is against heavy armour, plate etc, because for such guys I need 4 or 5 of my nonloomed barbed and they still walk^^
But against lightly armoured targets using bodkins is actually a waste of good ammo, because the amount of ammo is small and you still need 2 for most guys.
Cool would be having one stack of pierce and one stack of cut arrows and then changing the shot type by pressing x for alternative mode^^
Fighting archers is no fun? Orly? Fighting shielders for an archer is also no fun, especially not with a hammer, 0 ps and almost no athletics :/
Fighting cav is also no fun since jumpshooting doesn't exist anymore.
Fighting Xbows is also no fun, because they can aim as long as they want and when they reload they can just hide and then step out of cover with their xbow ready to shoot :/
Fighting throwers is no fun as well, because they can walk with their weapon ready, almost not losing accuracy and they can as well hold their "draw"/aim/whatever forever :/
So you continue whining?