"Quite a bit more bend than usual" indicates to me that you are experimenting with it, and so I would agree with you that you probably don't have the same consistancy in your bow arm each time you shoot. I would assume that if you arrive at some degree of bend that you like, and shoot that way hundreds of times, you will achieve a degree of consistency.
When your bow arm is bent differently from shot to shot, you're changing your draw length from shot to shot, and thus the arrow velocity. Whether this matters is dependent on the distance you're shooting at, and how precise you want to be. At 20 yards, a slight change in the bend of your bow arm might have a 2" effect on the point of impact of the arrow, which you might not care about if you're still in the kill zone. At 40 yards, the same change could cause you to miss the animal entirely.
I happen to shoot better if my bow arm is bent slightly. Rick Welch taught me that way, and it works for me. Other people shoot better with a straight bow arm. But I think you shouldn't bend your bow arm any more than you need to to shoot accurately, or you're just robbing yourself of draw length and therefore arrow speed unnecessarily.