This is a repost from here:
http://forums.d2jsp.org/topic.php?t=60317418&f=103I have not updated this in over a year, so hopefully we will see some users posting better bows that will update the standing. Not all of these bows are mine. What you see here are the Top Shadow Bows known to exist for MLD (lvl 49) across all realms. Faith is above LvL 49 ok. As there are different mods available on shadow bows, making them useful with different setups, I have done away with a Top 10 listing and instead I have divided the bows between Non-IAS, IAS and CTC and posted the Top 3. Each of these bows is amazing in their own right.
Without further ado:
No IAS, Top 3 Shadow Bows All Realms (all three located on europe nonladder).

1. Mine. Previous owner: Horag. Almost impossible to beat the mods on this one.
2. Phazz's. Previous owner: Me. the -30% req's makes it ideal for Java/Bowa, Plague Bowa Hybrid or for a Vita TvT Bowa build.
3. I_Ecca's. Previous owner(s) Octogenarian, Horag, Me.
there are 1-2 bows close to no.3 but nothing (without IAS) close to 1&2 (yet).
IAS, Top 3 Shadow Bows All Realms (1 on europe ladder, 2 & 3 on West Nonladder I believe).

1. Phazz owns this one. Its pretty much insane.
2. Beyondtheft owned. Not sure who has it now. 1 free sox.
3. FrederikJenson owned. Not sure who has it now. 1 free sox.
There are several bows all around the same damage as no.3. IAS Bows allow for a gaze setup or a ED dual stat-dual jewel to be used instead of a 30ed 15 ias jewel, so the 10% can be translated directly into damage or life (making these bows much desired).
CTC, Top 3 Shadow Bows All Realms(1 & 3 on europe nonladder, 2 on West Nonladder).

1. n-c owned. not sure who has it now.
2. Hellskin owned. not sure who has it now.
3. BakedHam owns. Previous owner Johnnyboay.
Remember if you have a Shadow Bow that beats these, then please post it sothat I can add it to the list.