Chris, I've never had a problem with bamboo backed bows until recently. But I agree that a well made self-bow is a very dependable weapon.
Art, I cannot tell which end of the bamboo failed as I am cutting the backing from bamboo planks.
Rich, I do not think lack of moisture is an issue as it is quite humid in the Pacific NW in winter. I have, however, been making the backing strips quite thin lately - almost like a knife at the edges. It looks really good, but I think maybe that's not such a good idea.
I'm not sure what to think about the rind issue. I learned to remove the rind and smooth the nodes from John Strunk - and he's built lots of boo backed bows. I don't know...