I personally would give up some damage to have a superior bow (which is what the horn bow is right now, but hell I'd probably even use a nomad bow due to the high draw and missile speed...using +3 and +3 of bodkins/tatar would be rape face IMO). I think all that was done was made the rus/long bow much less appealing to use, and made the lighter bows way more appealing.
I think the lighter bows should be be cheaper, quickest to draw back, do medium to light damage (compared to heavy bows) and also have slower missile speeds. The higher end bows should take more difficulty to shoot, take quite a while to draw back, do good damage, and have the highest missile speeds.
More like native...what we have now is just 'what is this, i don't even'. Saying this as an outside observer who doesn't use a bow or have any current archer alts. It seems like as you go up in bows the draw speed should get slower, missile speed should get higher, and damage should get higher. A natural progression.
*EDIT* as gurni says below...don't get me wrong, as a cavalry player I like that people are using weaker bows
It just seems like the balance is off in the bows to me.