I am going to presume that you are a resident of Colorado since RFW tag are not available to non residents.
Personally I would save my points and find a unit to hunt in rather than going with a RFW tag. RFW areas will restrict you on the area that you can hunt. Some are better than others. Go to the Parks and Wildlife RFW page and read up on the requirements that the ranch puts on you, also call and talk to the ranch operator. Most of them limit you to one helper and usually will only alow you to hunt in the area that they designate, some will let you move if you are not seeing animals and others will not. I know of some hunters that have had good experiences on RFW properties for cow elk and then went back on a bull tag and had a lousy experience.
Neither of those ranches will have bulls with any size to them--but they'll have plenty of animals. I met Dick Dodds a few times and he is a stand up outfitter. He operates Blue Sage and Visintainer ranches.
If I had 7 points for elk I'd probably not spend them on a mediocre bull. Give it 5-10 more years and you might be able to draw a reasonable tag in 61. But with the point inflation every year, maybe not too.
Good luck either way and post up the story of your hunt for the rest of us to enjoy at the end of the season.
We all spend our time at the range, making sure our rifle is shooting just right. We get it dialed in, and then we head to the woods, ready to shoot our animal. Well, what happens if the animal comes out where you do not expect it? Will you be able to make the shot?
This scenario has happened to me. My first deer I ever shot, I had to shoot left handed. I had never practiced that way, and paid for it by having my nose broken with the scope. If I had just...