To me the speed is an indicator of the properties of the materials used and the bow design.
Just for fun I've looked at speed divided by draw weight as a generalised sort of design performance indicator. (It does indicate you speed vs the peak effort you put in to shoot).
Basically the power put in is the area under the draw weight vs length curve, (The wheelies, or Asiatic composite ultra recured bows input most energy under the curve).
Of course what goes in doesn't necessarilly come out, which you will find if you make a bow with real long heavy limbs, also stability is better in some designs...longbows are generally smooth and stable.
Out of interest, if you look at speed/weight.
My Yew longbow (my fastest bow) is 169.7/75 =2.26 The experimental bow beats it 165/55 = 3
This shows that the flat bows are more a more efficient design (As clearly explained in TBB), and also the law of diminishing reterns, as you increase the draw weight, it becomes harder to gain speed, what you gain is power...e.g You can shoot a heavier arrow, which is only really relevant if you are trying to penetrate armour (or maybe shoot a Bear which is driving a car
)
There are often too many variables to get a coherent picture, so sensible comparisons need to be made by looking at bows with the same drawlength or draw weight.
This Longbow is also beaten by several others, my Hazel bow and even the 'One Hour' rawide backed bow beatsit at about 3.4 ! , these have the same draw length as the longbow.
Why are these even higher than the experimental bow??? Probably due to the much longer draw, 28" against 24". If you subtract the bracing height, the actual 'power stroke' is 19" on the experimental vs 23" on the other two, which is about a 20% increase.
Having an engineering background I like to mess with this stuff, but it's easy to get a bit obsessive...but hey, I like drawing graphs.
To answer the original question your speed looks fine to me for an Elm self bow.
Don't get hung up on speed, else we'd all be making the same style bow. It's the properties of the different woods and design which is half the fun.
Who would want to make the same bow every time?...not this Cat.
Del
(BTW, The real reason I use the Chrono is that Mrs Cat doesn't like me popping over to the playing field to test my bows...
)