You know Wayne, I've been wondering the same thing actually.
I was thinking that really coarse grit make like ridges along the length of the lam, when I caliper the lam IU am measuring from the top of the ridges, but when you stack the lams, if the grooves/ridges fit together then the stack might be a little less than expected.
I haven't devised a way to prove or disprove this, and since my bows are all wood and get tillered anyway, the answer wouldn't change my process.
Might matter for glass bows though .... would like to hear other peoples thoughts