Skyrim's archery was incredibly deadly, and cool. Perhaps too much, in some cases, I've seen plenty of players said they felt like doing archery as part of a new character, but decided not to simply because it made the game seem too easy.
Archery in far cry 3 is excellent though. A silent, one shot killer. It takes skill to use properly, and at long range you'll be better with a silenced sniper or even AR, but once you get used to it, it's great. My favourite use, no doubt, is fire and explosive arrows, especially the explosive. Tag an incoming car full of reinforcements with one of those=a whole bunch of reinforcements that ain't gonna be a problem. Got an annoying sniper dug in? Hit the back wall of his hideaway with an explosive arrow, that'll teach him.