Hi,
Are you kidding? You're kidding, right? An inch of set??!! For a 60#, 64" hickory selfbow?
Take that bow, brace it up and go shooting. While you're out, give yourself a big pat on the back for a job well done!! Why do people get so uptight about set? That amount of set, for that bow, is a GOOD thing!! It will make the bow better.
Relax, you're doing just fine!! Now, go make another one.