160 shooting 10 grains per pound, 22" power stroke, 3 grains per pound string is a "good" bow. Power stroke is worth about 7 fps per inch. Arrow mass is worth about 1 fps per 10 grains.
So, with adjustment for the arrow mass 550 - 430 = 120, 120/10 you would be at about 172 fps. With adjustment for power stroke 2*7= 14 so you are down to 158, for a "good" bow. 148 ain't too shabby.
"Good" bow is a hard thing to define. My best r/d boo on bloodwood shot 170s as described. Selfbows I'm happy with 160ish. I've made dozens of all shapes and sizes over the last decade or so, have run a chrono off an on all along, had feedback from a broad range of shooters, and would consider myself in the top 20 percentile of amateur wood bowyers.
Chrono can be a great tool, but it's easy to become a slave to it. Lots of stuff besides the chrono reading make a bow "good."