In principle: yes. But remember that the bow doesn't 'know' what your intended draw weight was or is. It all has to do with your design. You should have designed a bow that was capable of taking the strain for a 90 pound bow. If you would (for instance) tiller it to draw 110 pounds, the design would be overstressed. Or it was overbuild, so your goal of 90# was possible, but just on the safe side for that particular design. If you suddenly lowered your goal from 90 pounds down to 40 pounds, the bow will be grossly overbuilt. You should make a bow with an intended draw weight of 40# instead of 90# a lot narrower and possibly shorter. However, if the bow has not taken any set from drawing it to 90# early in the tillering process, it is still perfectly fine to narrow the bow now, in order to create a new design that is meant for 40#. If you just thin down the limbs from 90 to 40 pounds, the bow will survive, but will be overbuild and hence shoot sluggish. Especially when the bow has already taken set.