You're not going to get laser accuracy from a $50 crossbow - you're going to get a super-fun, easy to load, easy to use plinker.
This crossbow, at an 80-lb pull, launches bolts at a devastating clip. I haven't recovered a single bolt in usable condition. From 50 feet, the aluminum bolt sinks itself 1/2 inch into 2x8 header lumber. That is a horrifying force to reckon with - from what looks like a toy.
The site is somewhat accurate for a device of this quality, we can get 5" groupings at 50 feet, which is much better than I would expect.
We haven't hunted with it, but I imagine that pesky squirrels, raccoons and crows have something to fear when the Cobra comes out from the garage.

Incredible power for a bow of this size,and the price,a little wobbly,but i would suggest changing the sites,they are a little off.overall,great crossbow,and it comes with 15 arrows.