You can go from 1/4" to 3/8" I-beam thickness no problem & rock hard maple will make a good stiff I beam for walnut. Bloodwood is another great I-beam material
As far as using a plunge router and inserting a G-10 tendon in the riser..... Well.... I suppose it would work for stiffening things up, but you still need to consider the compression forces on the belly side of the shelf. I'm not certain how that would work using walnut.
I did something similar a couple times and used lead to add mass weight to a long bow riser, but i did it on the belly side ramps and covered it with an overlay. I just drilled holes and used buck shot pellets and silicone. The lead shot suspended in the silicone acted as a vibration/hand shock dampener too. But.... the hand shock portion of these bows are better regulated with string tension or preload at brace, than mass weight.
G-10 is great stuff and i use it a lot in risers. You cant beat the strength.... But.... There is a down side to using this stuff. The moisture content in your wood needs to be bone dry when laying it up with G-10. Many times i've used G-10 I beams and sent them to dry climates, only to have wood shrinkage issues, and have slight separation on the glue lines resulting in me having to refinish the riser.....
The secret to success using this stuff is laying up the riser, and getting it shaped and sanded, then put it in your spray booth or hot box at about 90 degrees over night. If that wood is going to shrink, it will do so before finishing, and can be filled with super glue and sawdust prior to finishing. I have a real Love/Hate thing going on with G-10, but i continue to use it.
Realistically...For trouble free bow building you would be better off sticking to all wood for riser accents, I-beams, and footings. .03 cents worth. Kirk