if you leave it long you will need to draw it further to be effecient,,30 inches or so
the 52 to 54 inches would be ok for something bout 27 inches of draw
i have heard of good results with titebond(and mixed reviews) but have not done it, and have always used hide glue or knox(which is pretty cheap)
3 or 4 layers would be better and hold some reflex(my layers are thin so maybe the same as above mentioned 2,, its not an exact science) and agree osage and sinew are great together,,