I usually notice more loss of poundage after the first full draw than after 4 hours of shooting. I don't hear many guys talking about this initial loss, but I experience it in many of my bows, especially the hickory ones. Perhaps the bellies should be flatter and wider on these bows, I dunno.
Anyway, we need to determine what a "significant loss of poundage" is. Maybe more than 1% would be significant? There is also an engineering principle called "fatigue failure" that states that all materials will eventually fail when subjected to continual, repeated stress. This principle is used to predict the life span of bridges, for example. For every car and truck that passes over, a slight amount of stress is applied to the bridge. Eventually the bridge will fail if traffic keeps passing over it. The failure might begin with a small crack, and then expand from there. Or the surface may wear out, etc.
Fatigue failure applies to bows as well. Every shot brings the bow closer to failure. If a bow can withstand 100,000 shots, then at 50,000 shots it is half way to failure. Failure means many things: set is one type of failure.
To put it simply, using a standard like Torges' is kind of like saying, "If you can park 100 fully loaded trailer trucks on that bridge for a day, it's good to go." There is nothing wrong with that, as long as we're not talking about an old bridge.