Yea I'd be happy with 26" of draw. I'm considering a very thin layer of sinew for protection. It's also a setback and static recurve (some call it a 5 curve?) shape, so there's a lot of strain all round. I've got a bit of ostrich sinew lying around, maybe worth a try...
Interesting discussion about under drawing bows, though. It suggests that we all may be losing a huge amount of efficiency simply by the fact that we estimate our dimensions based on the intended draw length and weight. Sure, experience has helped us become reasonably accurate in our estimates, but it really is still guesswork. The closest to a formula we have is your mass principal (which I've read about 100 times, by the way. It's excellent).