Yeah, there is that. Although with as many arrows as I go through these days, which means I'm usually right back in town after an extended quest anyway to buy more arrows and sell what I've found, and that one of my bag slots is usually taken up by a skinner's bag anyway, for me at least, I probably wouldn't consider it a hardship (I'd just switch out the skinner's bag for a frostweave one). Although for other folks, it'd likely annoy them.

They really need to start stacking those shards for you guys, especially since new levels get added with each expansion. :P