I'm trying to figure out a movie title. I don't have very much to go on. I do remember it
Being set in medevil times. The one character I do remember was an archer, He may have also been an elf. He would grab his arrows and shoot them with super speed. I want to say there were other main characters, Like maybe a band of five fighting an evil villain?

It is believed that this movie is Hawk the Slayer (http://www.imdb.com/title/tt0080846/). Interesting cast: the late Jack Palance, the equally late Roy Kinnear, and John Terry, who currently plays Jack's late father on TV's "Lost".