On an ASL design you would be better with vertical grain rather than flat sawn material for the highest strength in tension.
But..... I just spent a couple hours on the phone with Alan Case the other day talking about heavy bows and compression issues ive been having. He told me that he did some compression testing using flat grain maple and pushed it till it blew, then put it under a microscope to see the difference from vertical grain maple.
Believe it or not, the flat grain held up to extreme compression much better than vertical grain. He said he has a test going right now using thin book matched flat grain lams that are stacked 180 degrees so the opposing grains are equalized. He expects much higher compression ratings with the two thin lams and an epoxy joint than a thicker maple lam. Food for thought on that subject... Kirk