1. Yes on 28". 50lbs. You'll just have to see what you get, but it should work.
2. You dont "need" to reflex, but you can, and I would. Not much. Like Del said, I would flip them a bit and keep the last 4 inches or so stiff. Your on the edge length wise, but Osage can handle it. It may take some set. Get your tiller perfect.
I would get it bending right out of the fades. Pretty much now. That will give you some extra draw length.