actually no. if you have a good production line you can pump out muskets by the hundred with average quality materials. whereas making bows is a 1 at a time job and you need the right part of the tree. it's far more effecient to just make a factory that makes muskets :/
and someone in i think it was 17th century did put a proposal forward for bringing the longbow back into the military arms list and his proposal is in a book somewhere, needless to say it was rejected.
i'm sure wellington would have known there was no chance of bringing the longbow back, the musket was evolving with the recent mass introduction of the baker rifle and with the many years needed to train a generation able to weild the longbow it just wasn't worth while. also i think it was said more as a distinct passing comment, rather than an actual idea. it was better by then to just pump your resources into developing faster loading fire arms and concentrating military training on drill and discipline.
I've read that article about the knight vs samuria. very interesting! i think a lot of my above post is probably a little unfounded now

hehe