The one advantage to deflex at the handle is that you can make a bow shorter for a given draw length yet still keep wood strain fairly low. The disadvantage to short bows is that it's harder to get a decent amount of reflex (tip setback) because of the shorter limbs.
This bow for instance is 56" long and tillered to 28".
Even though it turned out well it's actually too short. Performance is very good but a longer bow would perform better, better durability as well. In this case I had to reflex the limbs from the fades right out to the recurves just to have enough tip setback for tillering, that's so I would have some reflex left when finished. This created problems while tillering the bow, a lot of reflex near the handle causes stability issues. With a longer bow I would add less reflex near the handle with the majority of the reflex from around mid limb out to near the recurves.