Steve,
I can take video of the test fixture so you can watch the dial as increasing loads are applied and quickly removed. It pretty clearly shows what happens and is precise.
Most bows are under about the same stress as I got to in this graph just sitting braced. I stopped at a bending stress of around 7500 psi (0.35% strain). I only held it at this level for about three seconds before letting it down, although I did this multiple times at each load. If I held a tape measure on the bow Arvin was measuring a few pages back, 0.35% strain would show the bow back stretching nearly 1/4”, and belly compressing by about the same amount. If I go back and continue this graph to about double this stress level, then it would show very clearly the short and long term effects for a typical bow. This will give three lines. One line showing the total deflection under load, a second line subtracting the short term hysteresis, and a third line subtracting out only the long term set. What I love to see is a clear point on this graph where there the set and hysteresis losses balances against the design compromises necessary to keep the stresses in check.
The long term set reduces the capacity of the wood to store energy in bending.
The short term hysteresis just eats up energy that would otherwise go to the arrow.
Alan