Kevin,
I am a mechanical engineering designer and one of my hobbies is studying race car design, all aspects.
The aerospace and race car people (F1) design carbon fiber in tension use only.These are the pioneers and experts in carbon fiber, Period! that is the actual fibers strength, tension.
Carbon fiber on its own works this way.
as you say the binder comes into effect in any compression use since carbon fiber on its own doesn't work this way.
aerospace and highest levels of racing use pre-pregnated carbon fiber that is heat activated (autoclave) at high temperatures. this minimizes the binder weight and volume.(maximum performance)
however, i can see that less carbon fiber is required than glass and replacement will add weight benefits but probably not much compression benefits in itself, although roll protection in race cars is done with carbon and kelvlar matrix combinations with multiple angles.
Tortional benefits would require different strand orientations to be beneficial.
Primarily, back of bow is where it is/should be used, continuous strand from tip to tip, do not use half pieces from grip to tip.
Belly might have some benefits but the binder is critical.same tip to tip requirement but not as critical.
Rob