I found it very annoying that as a master smith I can't craft some simple arrows... I often had to use the iron arrows dropped by enemies

Please, just add craftable arrows in an update, or could someone create a mod?

Already been done. Several times.

There's http://www.curse.com/mods/skyrim/arrowsmith#t1:description, http://skyrimnexus.com/downloads/file.php?id=1010, and http://skyrimnexus.com/downloads/file.php?id=874.

This needs to be fixed. We'll finally have a use for firewood.

Consoles should die. :C