First, I am glad the bull was relieved from his misery. The misplaced shot from the bow hunter, may or may not have caused much angst to him/her. It could be they convinced themselves that the bull was not mortally hit and all would be fine.
It would be a welcome change in my view if you had to decide between an archery license or a firearm license. I think there are a lot of casual bow hunters. They enjoy the extra time in the mountains, and maybe will also kill an elk. Frankly bows are no longer a very primitive weapon. Range finders, bow sights, mechanical cams, mechanical releases, yada, yada are hardly the reality when game departments offered seasons when elk are most easily hunted.