I can think of a few, Noel.
Hero - fantastic, beautiful movie. Some impressive mass archery scenes.
Diary of the Dead - the professor zaps a zombie kid and pins him to the wall. Always satisfying.
Predator - Arnold builds a panda bow.
Daybreakers - tons of archery, mostly crossbows to kill vampires and for vampires to capture humans to use as food.
The Lost Boys - I think there was some archery in the original movie. You see bows occassionally in some of the direct to video sequels.
The second installment of Underworld (can't recall the name, but Kate Beckinridge is in them, and that alone is worth watching for.
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Van Hellsing (sp?). A kind of fantasy repeating crossbow. Dumb but fun, and Kate Beckinridge is in this movie too.
Lord of the Rings - varous archery throughout the three films.
Rambo II - Rambo zaps this evil NV officer with an exploding arrow. Boom.
Road Warrior - lots of punk mauraders and punk good guys with bows of various designs.
The Hunt - a small budget horror movie. Compounds, but the hungry, deadly aliens are fun.
Archery in the Resident Evil set in the desert around Las Vegas. Alice zaps a zombie nicely with a small crossbow.