Bare-shafting wood shafts works just fine, but you need a really soft foam target, like furniture cushions. The soft foam will catch the arrows without breaking them when the spine is off. Since wood is variable, even in a "matched" set, it works best a close range instead of by O. L.'s method of longer range and comparing fletched to unfletched.
I use a 2' cube of furniture foam, and shoot at around 6-8 yards. First set the nocking point just a fuzz high (the least you can get and still be high) and then test for spine, nock left weak and nock right stiff for a right-handed shooter. Get them shooting straight in by changing spine or length as necessary, and your field points and broadheads of the same weight will shoot to the same point when they're fletched. You need to take multiple shots and look for the average, since bare-shafting is so sensitive to slight variations in form, and the individual shafts might vary some. A spine tester is a must.
I've been doing it this way successfully for about 15 years.
ozy clint, I think you will need stiffer shafts, more like 100# for the heavy points. A 69# recurve puts out a lot of energy! For instance, my 60# Quillian recurve with FF string, lightweight string silencers and no quiver mounted, bare-shafts with 90-95# shafts with 125g. points.