Timy - Your total stack is 0.420. With my design, that would result in a bow drawing 52 - 55# for a 68" bow. Since you want to decrease the length to 64", that will result in a bow approximately 10# heavier.
64" inches is as short as I would go with a straight limbed longbow and 66" would be better. I've built two that were 64". One went to my father and one went in the 2011 bow swap. At my draw of 27", they didn't seem to stack, but they were also lighter weight than I normally shoot so maybe I just didn't notice it. Still, that's definitely as short as I would go with this design.
So, if you still want to go with 64", I'd estimate your stack should be 0.400 to hit 55# at 28" of draw. This is with a 16" riser length from the tip of one fade out to the tip of the other and a limb with of 1.25" at the fades and extending about 16 - 18" out each limb, then tapering to 1/2" at the string grooves.
When I'm building one of these and initially cut my limb profile to 1.25", I'll get a string on it and check the weight. If it's about 3# over weight at this stage I'll leave the limb width alone knowing that I lose an additional 3# when rounding over the edges of the limbs. If it's heavier than that, I'll reduce the width some till I hit that 3# over mark. So my bows generally end up between 1.125" and 1.25" wide.
As far as the general 20 - 25% rule for the glass to wood ratio, I have violated that with no ill effects. In the last couple Hill style bows I've built for myself, I used 0.040 glass because I had that on hand and my ratio was 17%. Of course I had to increase the wood to compensate for the decrease in glass, but I don't notice any difference when shooting compared to bows I've made with 0.050 glass.
Good luck!