Hrm. It says the thread was moved, but it doesn't look like it. And where else should it be posted? 0_o is an item in-game not considered something that pertains to New Leaf? Someone clarify. XD
I also think a huge bit of it was exclusivity. It was released worldwide in Summer; the bow was only available in Spring, the farthest possible season. Having one was a bit of a status symbol, and it used to be pretty hard to get one! Then people started getting second towns and duping and it lost exclusivity. Thus, hype dying down.