I'm made enough laminated bows to be sick of them now....
Sure you can use funky grain on the belly but fibers that aren't running parallel (more or less) to the belly cannot withstand the same compression that they would if the grain were optimal. This is a simple fact. If you stay within the limits of your particular piece of wood...you will get a bow.
In the beginning I wasn't too picky about belly wood - i've learnt the hard way that sub optimal belly wood is a waste of time. Others will have different views but I will always , always pick the straightest grain belly wood. I've also seen people say that pin knots in ipe don't matter......
Ipe is a funny wood....there can be lots of variation in quality.
Bear in mind I am making bows to sell. Nothing sickens you more than having to make another due to sub par materials failing...but if your bowmaking is just for yourself you have a lot of wiggle room to experiment and see what works for your particular set of bow making values