No.

Screw any melee attack.

SE should have done exactly what every other MMO does for a bow-wielding class, and make the freaking arrow the auto attack.

The crappiest part about playing RNG in FFXI was spamming /ra to do any freaking damage (unless you're KC RNGing, but let's be honest... most people, and most posters here, were never KC RNGs).

The crappiest part about playing ARC in FFXIV will be spamming various ranged abilities (now with cooldown, herp derp!).

It puts a job that already has to pay to play at a serious disadvantage on the DD perspective because your efficiency is tied entirely to how close you're paying attention and how little time you leave on the table between possible attack rounds.

Arrows are not something that drives the economy. Replace them with bottomless quivers of a type (e.g. Red Coral Quiver), abolish limited ammunition, and just make Light Shot the default RNG auto-attack.