OTDean, There is no reason in the world that a 72" Mollegabet cant draw 28"....you may be looking at it a bit off. You have 44" of working limbs and 20" of levers.....so that leaves your grip area quite large at 8". Also 40# of draw weight should not overstress 2" wide limbs in ANY design.
I posted a little Molly (Polk Salad Annie) a while back Elm self bow with 1-3/4" wide limbs that was 60 pounds at 22"....I think she was in the 50 something inch length, cant really remember.
Got to believe that you are well within the working limits of your wood and design.
rich
looked her up and that Mollegabet was 51" ntn