While doing some research on Bards I came to the realization that Bards have not ONE viable ranged option. Even on the various forum threads (online) they bluntly indicate that Bard-Ranged is too weak for even a flavor build.
Yet clearly the Developers intent was for Bards to have Ranged as shown within the Swashbuckling description...
Swashbuckling: Stance: You gain 1% Doublestrike and Doubleshot as well as +1 to the Enhancement Bonus of the weapon in your main hand. Swashbuckling requires wielding a Finesseable or Thrown weapon in your main hand, wielding a Buckler or nothing in your off hand, and wearing Light Armor or no armor. (Druids cannot Swashbuckle while in animal forms.) (For Warforged and Bladeforged, you must be using either the Composite Plating or Mithral Body feats).
Passive: While Swashbuckling, the following weapons receive Competence bonuses to their critical profiles1:
Dagger, Shortsword, Throwing Dagger: +1 Threat Range, +1 Multiplier
Light Mace, Light Hammer, Kama, Sickle, Dart, Shuriken, Throwing Axe, Throwing Hammer: +2 Threat Range, +1 Multiplier
Kukri, Rapier: +1 Multiplier
Handaxe: +2 Range
Light Pick: +1 Range
Light Crossbow, Scimitar: No adjustment to critical profile
With that being said, the reason for the lack of ranged potential is simple, just look that the Swashbuckling Enh tree for Different Tack. (https://ddowiki.com/page/Swashbuckler_enhancements) While the Swashbuckler tree allows for some limited ranged use, it does not account for Different-Tacks requirement of "Single Weapon Fighting" and thus cripples any significant use of ranged. What is needed here is to change Different-Tact from "Single Weapon Fighting" to "Swashbuckling". Thus at least this way a Bard would have the means to use their primary stat-to-damage as several races / classes do already.
Furthermore, Bards are limited to throwing weapons and "light" crossbows to still be considered Swashbuckling yet I was very surprised to not at least see short-bows make this list. If short-bows were an option, at least then maybe someone would have a reason to use a short-bow. Currently as is, I can't think of a single player I've encountered in-game that has a build that uses one. (from 2006 on)