I like this guy, and thanks for the advice. On another note, is it worth getting the bolts heirloom'd first for the extra bolt or saving for a masterwork xbow? I'll have to play around with the heavy xbow before I pick one to masterwork first anyway.
Probably bolts first, easier to trade away if you ever want to switch. The market is extremely bloated with Crossbows and Arbalests,
don't loom one up yourself. Save up some gold/points and buy one instead.
Steel bolts are an absolute must, and I rarely fire off more than ten in a round before committing to melee, dying, or winning. Worst-case you can scavenge, plenty of bolts being fired around.
Melee-weapon wise, I recommend you go with an axe (I use the Light One Handed (Battle?) Axe). You can break a stubborn one-hander's shield and run away to shoot him.
The less expensive 1h maces do crap damage, and swords are easy to get stunned if your stab is blocked at close range. Axes do high damage for the price.