In my humble opinion nettle makes an extremely strong bow string and rivals any natural cordage string out there. Preparation, processing, manufacture, and use all play a factor in the durability as well as usability of the finished product.
While nettle and flax are similar there are huge differences in processing that bear mentioning. With nettle, I prefer to harvest as close to the frost as possible. The fibers can be used before or after that time but at least in my area the frost seems to be the dividing line. After harvest, the stalks can be stripped of leaves and stored till dry or used as is. I don't go through any retting with nettle as this seems counter-productive, and unlike flax, the usable fiber is on the outside of the stalk. Processing can be described simply as breaking the stalk and stripping the usable fiber off (keeping them as long as possible.)
Another tip I have found is to double the size of the string at the loop to increase abrasion resistance. This will take some practice to get it right, but like you said "making string is fun!"