I've been shooting low-stretch, low mass strings from old bows for years. Probably at least 5000 shots from at least 25-30 bows: Bears, Wings, Widows, and others-back through the 60s. Never a hint of a problem. I'll admit I've "known" some things before that didn't turn out to be true.....but I simply have not seen there is any risk in putting a properly made "skinny" string on many old bows. Nyron, my experience is they generally do all that you found with your Kodiak. And, they turn a lot of mediocre performers into much better bows....the results are less noticeable on bows that were already great shooters.
All that said, I use a 10-12 strand B50 string on any Bear with paper micarta overlays, any static recurve or bow w/o overlays or with nocks designed like the Herters recurves......and others that seem like their design might invite a failure. There are also bows-like my one remaining '60 Kodiak or any of the early Widows through '63 that I see no reason to accept even a minimal risk of failure.....Dacron will work on those just fine.
If any of the doubters feel adventurous, I challenge them to take an average shooter-maybe even your old carp bow?-and fit it with a 450+ 8 strand flemish string with loops padded to 12.(450 is large diameter and soft, but very strong.) Then compare how the bow shoots with the two strings. Noise is usually less, but does vary, based on how well your string is made, brace height,and the bow limb design-but, as a rule, it will not take MORE silencer than a similarly constructed dacron string and speed, vibration, etc will be better. My low strand count, low stretch, hi-strength strings generally have a total mass-including padding & silencers- 35-50% less than the "traditional" 14-16 strand B50 string. That tells me they have to transfer more energy to your arrow. Less noise(which is basically vibration), and less "felt" vibration also equals more energy to the arrow.
This was my choice, and -so far-it's worked out just great! By the way, in case anyone wonders if I've only tried one material, I use 6 strand ultra-cam strings on the new hybrid longbows with great results, but I suspect that may be over the top for more of the old bows. I've tried a couple of others, but settled on these two.