I'm just curious as to why this has never been done...
What if the amount of shafts you got out of a board was based on your bowcrafting/fletching skill ? for example:

0 - 20 skill = 1 shaft per board
20 - 40 skill = 2 shafts
40 - 60 skill = 3 shafts
60 - 80 skill = 4 shafts
80 - 100 skill = 5 shafts

This would almost certainly bring down the price of the already massively over priced ammo.

Nice idea. But I dont think the devs are interested in lowering any prices. As it is, there is way too much gold in circulation, so they are using every sink there is...

Nor are shafts the problem with ammo. You get 10 per chop, 40 boards to several full packies per tree (maybe 4800 boards?).
My fletcher/lumberjane has maybe 50k shafts in store, lacking the feathers to go with them.

An outstanding Idea!!! I'm sure it won't be implemented solely based on economics.

I too have a slew of shafts awaiting feathers, gotta go visit the Harpies.

Disagree. I make a great deal collecting arrows and bolts. An hour is enough to get a thousand of each, just from hunting. How will newbs make money if you nerf the ratmen archers, changelings, and meer warriors? =P

my problem is that i sell ammo on my vendor, but the ammo sells almost as quickly as i can make it and restock, and i'd rather not put the prices up, i sell ammo at 10gp a piece, which i think is too much.