I'm keenly interested in whether or not this is indeed the case, or if this change is just a bug in how damage is displayed in your inventory screen. I've found some threads discussing a potential change in archery damage calculation in 1.5, but the discussions were all either inconclusive (with some people arguing that it was just a display bug and others seeming to report that archery damage was changed) or were discussing the beta version of the patch. See, e.g., https://unofficialskyrimpatch.16bugs.com/projects/7078/bugs/223056; http://forums.steampowered.com/forums/showthread.php?t=2609157; http://www.gamesas.com/topic/1361775-archery-damage-tests/
I cannot test anything rigorously as I play on a console, so I don't know definitively one way or another if this damage is actually being applied to enemies or if it's just a bug with the displayed damage. (Certainly, it seems like my bows are now doing much more damage than before.) Anyone out there do any definitive testing on the final version of the patch?

