You're indeed off to a good start! Looks like a nice stave. It's funny to see that a movie is easier to make/post than a photo
I, too, am a bit concerned about the length of the bow. Luckily the stave is pretty wide to accommodate for some of the short length, but it's still too short for my liking. I would recommend beginners to go not shorter than 68" on a bow, and with a long and stiff handle even 72" is a smart decision. Your handle design might seem a logical step, following the design of the modern recurve you're used to. But that shelf you cut in will make things more complicated. With a wooden bow and wooden arrows, you really don't need a cut-in sight window. Really.
I don't think you need a backing, since the back of the stave is very nice and clean. However, this being your first bow, and the relatively short length, a backing might still be a smart step. You can glue down some silk or linen fabric, or even raw hide. It'll give you some extra insurance.
I can't comment on the heat treating...I don't have a lot of experience with that, and none with black walnut.
Since the wood was cut in June, you must consider it to be still wet. How long has it been to near finished dimensions? And where was it stored during that period? With the current dimensions of the wood, you could quick dry it in about three weeks. Put it in a warm and dry place. A car parked in the sun, hot attic, near the central heating system...