from my experience in the several of each i have made and shot i believe that a recurve shoots faster, but it doesnt have as much to do with the flipping tips making it faster. Its easier to draw a recurve because of the bow "lengthening" when its drawn, and since its easier to draw you can have a heavier bow at brace compared to a straight bow. if that make ssense? for those who dont understand the idea behind a recurve i'll explain the best i can and hopefully someone else will chime in that explains better than I.
a true recurve has the string touching the belly of the bow. the point where string touches the belly to the other place the string touches the belly is say 60 inches, when you draw the bow, the string comes off the belly and touches only at the tips making its say 66" long. so as you would know .... if you take a bow that it 50 lbs and 66 inches long and cut 3 inches off each side, it will gain considerable poundage...same think applies for a recurve just only in reverse. so its not that it really "shoots" faster but instead allows you to theroetically draw a heavier bow which in turn shoots fasts.
if you tied the string to the recurves of the bow and didnt allow the string to pull off the belly it would shoot the same speed but be harder to draw. make any more sense?
also with working recurves you also add into play the idea of more working limb than a static recurve and that will also add speed because its working mass not dead mass.
basic physics i suppose, once you get it, it makes lots pf sense i swear...lol I am by no means claiming to know it all, but ido understand how it works. so for my vote, i say " a properly built recurve of the same weight and wood of a long bow will shoot faster than the longbow" - Ryan