Bjansen, i feel your pain
The first time i got a chrono and measured my first bow i was about to give up bow making. BUT at the same time they are VERY useful tools and what helped us make 200+ fps bows.
Heres what im seeingby your figures, i think i can relate as i started from making bingham bows and you got me thinking. It loks like you are shooting 9.23 grains per pound at a 27.5 inch draw. You didn't state your brace hiegth but we'll assume a decent 6 to 6.5" on that bow.
At your draw and at 9.23 ggp at 166fps you are doing well on a longbow. People put WAY to much stock into speed. Of course we do as well, its how we sell bows BUT let me enlighten you a tad.
Standard testing is usually done with a 30" draw, FF string at 7 to 8 grains per pound with a mechcanical release. Now where a "good" bowyer enters being a craftsman is when you can get good numbers at real world levels - try 28" draw, FF string using 8.5 grains per pound with fingers. If your getting 175 using that it would not suprise me and THAT out of a longbow - straight bingham design is a GREAT speed. From there - is it quiet, is it stable, is it smooth and is it consistant - if so - your building great bows..... I bet you hit 175 with using the above.....
Don't stress the numbers, if your going to do this for a living then you need to start experimenting and stressing the numbers - BUT when the chips are on the table, anybody thats going to buy a bow will take 166fps if the bow is smooth, forgiving, light and consistant over a 180+fps bow that is a poor performer where it really counts. To get the fast bow and the easy mannered bow takes time - its not imposible tho and you are looking like your on the right track - if not already there....
Dave