I'm still skeptical about a nick on the back of this OS bow causing it to explode. I mean it wasn't even a finished bow. 60+ lbs. might have been too much for this particular stave but it sounds like it was pulled about half way, tops, and then it broke. The 3" of set is puzzling too. Even with a violated back it should have survived for awhile.
I have a VM bow that I've shot alot and it has a huge gullwing bend because of it's original 5" set back handle. And it has rot running through both limbs.
As far as debarking or not. I debark as soon as possible because i don't want to fight it later. With VM it peels off like celery when green but at some point as it dries it also pops off in sheets and leaves a pristine back. When there's lots of knots I peel off the smooth stuff and wait for that shrinking to take place to pop the bark off around the knots. I just use a screwdriver or whatever to pry up the bark and it'll just pop off all around the knots. So I never nick the back cuz i don't use a blade.
For OS, I cut the trees down, get it home and asap use the drawknife to slice off the outer bark, leaving the cambium. I then grab my cabinet scraper and scrape off the inner bark. This all takes place in just minutes. If you let the stave sit for awhile the inner bark will oxidize like a peeled apple so its easy to see the bark vs. the wood, the latter remaining whitish. So I just scrape off the dark stuff which comes off mushy--kinda like scraping off mud since its all so wet.
I've only ever left the bark on one bow and it was hazelnut so I have virtually no experience with leaving bark on when cut in winter or summer. That bow developed cracks all over the bark even though I sealed it. Whenever I drew it I could hear the crackling, but never a problem. One day I scraped off the now hardened bark and there were no cracks anywhere in the wood. So I think it would have been fine with those surface cracks in the bark.
I always want to see the back of any bow that I'm making because of the inherent cracks and/or rot so I don't want to leave bark on a serious bow. But I love the look of the polished bark such that Bryce posted.
FYI. I'm tillering my TD OS lever bow right now. One limb is flat on the back and the other is crowned. Its 1.5" wide for the first half of the limb and its bending even though its very heavy right now. I'm curious if it breaks, which limb will break. I'm anticipating that the crowned limb will lift the splinter even though its very clean. The flat backed limb is knotty, bumpy, and wavy. I should know tomorrow and I'll post the results.