hocket7, linen
Stretches more than FF (which still does stretch) and less than dacron. Lower breaking point. What you're talking about is creep though - an overbuilt dacron string will keep creeping almost indefinitely. Build it with 12-14 strands though and it settles in fairly quickly. I use 12 strands an am pulling around 60# at my 30" draw.
I agree with redant. The glues and glass these days are all more than capable of handling a low-stretch string.
As vermonster13 said, the only real consideration is how the tips are shaped. If they are properly rounded you should have no problems - to get the properly rounded teardrop shape you have to add an overlay. Any ridges act as stress points which, depending on where they are, can lead to failures. You have more leeway in that case with a dacron string. The old recurves rarely had overlays thick enough to allow for proper shaping.
At this point I've seen tons of custom bows where the string grooves aren't properly rounded (that includes the transition to the belly glass too bowyers!!) and are surviving only b/c they are reinforced with phenolic or something else dense.
I prefer the feel of the low-stretch strings (TS1+ is my favorite) and would use them even if they shot slower than dacron. I typically see 8-10fps increase in speed with the same weight arrow. That's like shooting a bow that's 10# heavier... put that way it doesn't seem so insignificant, does it?
Moot point since all the bows in the house right now were made before 1960 :D