What if I were to saw a stave of this ERC into bow shape on my band saw. Saw the back of the stave flat and back it with a glued on bamboo lamination that has the nodes ground off.
Gumboman, you called it right. This is word for word THE recommended treatment for ERC and juniper. I have seen some ERC sefbows, but usually it's longbows or long, fairly narrow flatbows, backed with bamboo, hickory, etc.. It's a great combination. Most suggest a thin backing (1/8" or less) and a thick belly lam to start. We do see some of short, wider sinew-backed bows, patterned after Plains-style or West Coast bows.
Junipers have a reputation for poor tensile strength, and they are not stiff woods, but despite their light weight they have pretty good ELASTICITY in compression. When backed, they will tolerate a narrower, deeper design.
It sounds like you have used bamboo before, but I would warn against grinding down the nodes flat. That angles through lots of fibers. I try to thin them well on the UNDERSIDE, but only lightly scrape or sand over the nodes themselves, just enough to take that little lip off and smooth it over. Tiller around the stiff, raised spots like it's a raised knot or whatever.
I have only made a couple ERC bows. First was a basic pecan-backed, shorter longbow (thick as it was wide) and that bow came together really easily. Then I made a flatbow that came in way under weight. I didn't start with enough thickness. Then, I failed at another longbow I wanted to back with slabs cut from the surface of a small elm (for character). The ERC was from the up-side of a leaning tree next to a house, knot-free, but VERY lightweight with wide rings. It just didn't have the strength for a narrow bow, and also turned out to have really bad hairpin wiggle to the grain.
Hope that helps.