"Tension almost always trumps compression when dealing with bow limbs therefore I would think that the neutral zone is naturally more toward the tension side of the limb... I would also think that the closer that you can get the neutral zone to the tension side the better the performance that you should get out of a limb..."
Almost right, you want the neutral zone farther toward the belly, more material under tension.
I was not saying tension and compression are mutually exclusive. Of course all bows will have both properties. Since the original topic was Gordons vs Bearpaw, I was thinking along those lines. Because of the composition of the laminates, Gordon's is going to have more compressive strength and Bearpaw more tensile strength.
So if you are making a bow with Gordon's, the neutral plane is going to be closer to the back of the bow.
Which means less fibers or material in tension/pulling. Compressive forces are always directed inward, causing internal friction and hysteresis, which is lost energy. Of course their is lost energy under tension also. But...
If you could make two bows, each being exclusively under tension or compression, which would you choose? To take advantage of the best properties of each laminate, a bow with Bearpaw on the back and Gordon's on the belly would fit the bill.