I've done a few cedars bows, a self bow and two sinew backed. I like it, mainly for the looks, and it's reasonably elastic, but it's just so lightweight, I think they're right that the bamboo is just going to crush it.
Maybe it would be ok if you went really wide, and long, and trapped the back .... It's likely possible but it wouldn't be my first choice.
I have a nice clear piece of ERC and I keep thinking about the same kinda thing you're talking about, and every time I decide it really needs sinew.