This is why a Bow of True Arrows from S&F at 4000 GP is broken at low and mid levels.
Haste is fairly easy to acquire and a character with a BAB of 6 or higher would be:
X+20 / X - 5
vs.
X / X / X - 5
OR with Rapid Shot
X+18 / X - 2 / X - 7
vs.
X / X - 2 / X - 2 / X - 7
to hit.
Unless your X to hit is near 20 in the first case or 16 in the second, you are hitting a lot more often against high AC opponents.
At much higher levels, this item is less broken due to it only being a +1 Bow and characters having to hits in the range of +16 to +20. But even at real high level, the ability to get a 95% chance to hit against extremely high AC opponents is still potent.
This item is way underpriced.
Haste is fairly easy to acquire and a character with a BAB of 6 or higher would be:
X+20 / X - 5
vs.
X / X / X - 5
OR with Rapid Shot
X+18 / X - 2 / X - 7
vs.
X / X - 2 / X - 2 / X - 7
to hit.
Unless your X to hit is near 20 in the first case or 16 in the second, you are hitting a lot more often against high AC opponents.
At much higher levels, this item is less broken due to it only being a +1 Bow and characters having to hits in the range of +16 to +20. But even at real high level, the ability to get a 95% chance to hit against extremely high AC opponents is still potent.
This item is way underpriced.