I saw an article on this type of repair, but I can't remember what issue. The author used a sanding drum, and a hole saw with matching outsid and inside diameters, that is, the sanding drum would fit perfectly inside the hole saw. He used the sanding drum to remove the bad section, and then used the hole saw to cut a matching plug to replace the wood removed from the bow. The grain direction of the patch was set so it could be neatly chiseled off and sanded smooth, and the patch set with epoxy or urac. It's been a few years since I read it, so I might not have all the details correct. Good luck.
Julian