Though this website has not been updated in a long time, it is a great guide for the cheapest way to get to 202 in fletching. I simply picked up with Luclin arrows where this guide leaves off. Also, the chart detailing bow and arrow components and their modifiers is great.
http://mywebpages.comcast.net/aoenla/fletchguide/
http://mywebpages.comcast.net/aoenla/fletchguide/