I've been doing it for about the past 4-5years now. I use an old Bear 45# Kodiak Hunter recurve, a hand wind reel, and cable rigged fish arrows with Muzzy fish heads on them. I use 200# test line, as this works great for the reel I use, plus it helps keep the line from cutting into your hands too bad after sticking a fish. I checked some of the lakes down at school a couple of days ago, and the carp are starting to jump....just a couple more weeks till they are spawning hard core!!!! My old man said that they are jumping a little in the rivers up here at home. I normally just shoot carp, but I plan on going to Lake Erie to try for some huge carp this spring, and maybe the Ohio river for some gar(never tried to shoot them). Like what was said earlier, you do have to aim low on the carp due to light refraction, and be prepared to miss alot more than you hit(it would be hilarious if I would tally up my hit/miss ratio...but hell, thats half the fun in it). I would recommend the Muzzy heads if you aren't using them already. Just like their hunting heads, the very tip unscrews to replace with a new one, and if they aren't too bad, you can use a file on them like was stated earlier. Good luck on 'em this year.
~~~Cattleskinner
