Just to mention my experiences with the perks/crafting...
I'm currently level 56. I have 100, and maxed out perks, in Archery, Alchemy, Enchanting and Smithing. This is all within the limits of the game (I have a PC but I never once used a console command, unless I'm glitched out and stuck between two rocks or something, and unclip myself).
My bow, after enchanting specialized Smithing and Alchemy gear for myself, hits for 921 damage, not including the enchantment which adds another 75 fire damage. Now, because of my love of RP, I've stopped using my bow entirely, unless I'm going for an execution type of kill/assassination (which is often), and use my dagger (smithed to 170 damage) instead.
I could just go around with my 900+ damage item and one shot everything but, really, where is the fun in that?