I suspose many bowyers may not be concerned with the demensional shape of the wood. But if you work with reaction wood (such as vine maple), that is an important consideration. The other benefit of drying, of course, is that wood is strongest, i.e. resistent to bending, when it is dry. The "bound" water that the author refers to is the water that is physically bound within the walls of the wood cells as opposed to the "free" water that exists in the cell cavities. Once this water is removed, I can see no particular benefit to letting the wood sit around and further "season".