I have. It works great. If I remember correctly, Dean Torges discussed it in his DVD, Hunting the Bamboo Backed Bow.
It's versatile... it can be used to make a working recurve that won't pull out with use, or a more static recurve, depending on taper rate of the insert. You can vary the thickness, length, taper rate, etc. based on your desire.
When cutting the kerf, it's nice to have a resaw fence accurately set up, but it's not necessary. I did several before I had a resaw fence. Just be sure the table is perpendicular to the blade, and the core wood has a nice flat edge so it stands parallel to the blade.
Here's an easy way to find the perfect thickness for the 'insert', regardless of kerf size. Mark the kerf line on the edge of the core wood and run it into the bandsaw, let's say, 10". Ok, whew... that's done.... that's the scary part. Lol
Then take a lam tapered at your chosen rate, but that's obviously too thin on the thin end, and run it sideways into the kerf at your 10" mark where you stopped cutting. Slide it through there gently just until it stops, if it's pinched in there, back it up just a tiny bit to allow room for glue, and mark it. That's where you cut it off. And when you slide it in properly, lengthwise, during glue up, it will perfectly fill the kerf where it ends without leaving gaps because it's too thin..., or trying to act like a wedge and split your core wood at the end of the kerf because it's too thick.
Even if you want to glue a parallel piece into your bow blank's kerf, you can still use this technique with a random, tapered piece of wood, mark it, remove it and mic it, in order to determine the perfect thickness for your parallel insert.