i have the game and i fouind a USEFUL!!! cheat. its called the dupe trick.
go to the peacemaker shop in anvil (its a wep shop so you have better offers).
buy a steel wep and as many arrows as you can buy.
put arrow in the bow press b, and click of the arrows your Using, then drop the steel wep.
pick up the result, and sell to morgavn
(i used a fine steel longsword, join the fighters guild then go into upstairs and take the longsword. i think its not the anvil or cheydinal guild but it doesnt matter.)