I bowhunted from 1981_1991, and then from 2005-present. Taken 10 bull elk. Longest kill is 35 yards. I feel that the new technology helps me make a better shot at 35 or 40 yards, which is my limit to shoot at an animal. I set that in like 1985 and have never wavered.
I do, as many, practice out to 80 yards. My arrow groups go about 1" to 1 1/2" for every ten yards. So, 20 yards=2"-3" . . . 40 yards=4"-6" . . .70 yards = 7"-10" etc.
I had a bull jump my string in 1985 and I will never forget that feeling, as I wounded it and never found it. I will do anything, stopping short of quitting hunting, to never feel that again. I owe it to my quarry.
As self-righteous as this all sounds, in my opinion, there are just way too many variables that can happen over an extended distance. In my belief, if I try a shot at a longer distance than my set limit, then I am being selfish. I have the will power to not shoot and try to get closer, after all, to me, that is what bow hunting is all about.
I don't use the technology (faster,flatter shooting bows, range finders, etc.) to "improve" my chances at long distances, I use it to, practically, "insure" a kill at 40 yards.
To each his own, though. I do not judge others because they do differently than I. This is my game plan and it has worked out quite well, for me.