Kidder, I would at least put a good, tight wrap on the bow where the shakes are, just for your own safety. If you feel uncomfortable with it you could cut it in half lengthwise and make 2 atlatls out of it.
![atlatl (AT)](http://www.primitivearcher.com/smf/Smileys/default/PA_atlatl.gif)
That way it won't be a total loss.
If it were my bow I would not shoot it. Even with all the work put into a bow to get it to that point it's just not worth a possible injury.