Oooh, that is a bit too thin for my taste even at 35 lbs. pull. Perhaps if you took some glass and left over wood lam pieces and made a sandwich out of them... like this: glass, then thick piece of parallel lam, then glass, then lam, then glass again... then put a couple pieces of extra material on the back of the bow (back meaning the part of the riser facing away from you)... It would strengthen it a lot, then you could use that extra material to blend with the riser using your sander and have a nice deep thumb groove. It would almost look like actionwood.
The length of the overlays on the side and back of the bow should go a minimum of top of the sight window to bottom of grip when you start, that way when you blend it into the riser shape, you dont lose the strength of the glue joint. Hey it might look pretty cool when you're done, never know.
Dave