We use a belt fed thickness sander. Using already known tapers i can kick a set of new tapers out in about 7 minutes, from board to tapers. Honestly the only real difference as you go from say Sam harpers build to an internet build to a store bought professional machine is how many lams you can kick out in a given time. When i first started it took about 90 minutes to kick out a set of longbow lams and tapers on a sander, now using a belt fed machine with micro ajustments the same lams take about 20 minutes to kick out the same 5 lams to make a longbow and are repeatable within .002".
Sam Harpers write up on the lam grinder is a good one - i used that before building a thickness sander and then after some years i spent 1700.00 for a professional machine. But if your going to build a lot of bows - a production thickness sander is the way to go. If not the sander or drill press methods work great and are reasonably accurate.
Dave