Jeremy, I decided to go out and look at the advanced fiber world. I turns out that DSM invented Dyneema SK60 and SK75 (a UHMPE fiber). BCY makes D97, 8125, 450+ and 452 and they are comprised mainly of SK75. The latter two are combined with a fiber called Vectran from the Kevlar family (Aremid).
Brownells used to use Spectra from Honeywell in there fast flight which is a UHMPE fiber too. BCY uses Spectra in serving thread as it is more suitable to braiding. Brownells has just stopped using Spectra and switched to SK75 and basically come out with several new products that are near copies of BCY strands.
I was able to find some data on SK75 at Samson rope company's web site. They posted the following stretch data; After previous stabilization, and after 50 cycles of stretch at 10% breaking strength it has .46% of stretch per length. At 20% it is .7% and at 30% breaking strength it is up to .96%. This basicly represents "no stretch".
With a skinny string, we are using SK75 probably around 20%. That means, I think, that a 60 inch string stretches 42/100s of an inch at full draw. There might be a spike at release but it wouldn't be to high if there even was one.
Now we need to get stretch data on B500 Dacron. I think we'll find with it, to get to that level of anti-stretch, we will have to go up in strands, a lot.
Remember the purpose of this post is to quantify what is safe to use on older bows for string material.