Free: Contests & Raffles.
But, I still use wood arrows, what do I know..
Yes. They did away with the rule a few years back. For my personal setup i dont get very worked up over speed. But, if it works for you the change is nice because its one less thing to worry about.
For hunting, I would take a heavy arrow over speed 100% of the time. A good combination is ideal.....
I believe the poundage rule states 40lb at 28" or less. So, compounds meet the requirement that way.