Justin, this is the way I look at it;
Most glue ups are made from thin slats, so the power lam just allows more wood in that place, yes, perhaps making it too stiff, making the bowyer take more wood off in that area to get it to bend the proper amount, instead of it maybe already being too weak. You are right, if too much wood is taken off, it will hinge regardless, but I think it just gives more initial strength.
I don't have extensive knowledge in this field, so I'm just sharing what I speculate.
Sean