That early artillery(English War Bows) were meant to penetrate armor so a heavier physical weight arrow was desired. Those war arrows weighed about 3 times what a good hunting arrow weighs(1500 grains or more).
+1
The arrow weight is more important than range or velocity (for penetration) despite the formula for energy having a 'velocity squared' term.
I't a bit counter intuitive, but the heavier arrow is more efficient as it takes more energy from the bow.
As a sort of rough and ready explanation:- (it ignores all sorts of stuff, but just gives an idea...)
If the arrow weighs the same as the effective weight of the bow limbs then it share the energy 50/50 between arrow and bow limbs+string etc.
A lighter arrow say half the weight of the limbs would take 33% of the energy leaving 66% in the bow.
This post from my blog shows that maximum velocity and maximum energy aren't the same thing...
http://bowyersdiary.blogspot.co.uk/2011/11/mass-velocity-and-energy.htmlBack on topic, I've shot everything from 5/16" to 1/2" from 100#
11/32 or 3/8 is fine. The spine doesn't need to be as stiff as you might think! A 70 spine was too stiff for a flight arrow and I ended up using about 40 spine... mind that wouldn't have worked with a heavier point.
I've seen video of 1/2" Ash arrows leaving a bow almost sideways because they were too stiff
Most of the Mary Rose arrows were Poplar which isn't particularly stiff.
Del