Mike, I thought it was splayed at first too, but I think it's just the image makes it look darker. Either way, the grain is obviously not great as you can see from the tip end of the break.
Jon, I admire your determination and I will try to help you either way, as I'm sure others will as well, but I would renew my suggestion for a one piece. I understand the desire and benefits to a takedown, but I can assure you that by making a takedown, you are committing to building many limbs, whereas a one piece is much less likely to fail for the reasons I discussed in my first post.
Furthermore, I would suggest that you learn to walk before you run. Wood bow building comes down to one critical skill; tillering. Tillering is the process of carefully removing wood to ensure the entire limb bends evenly and smoothly along its length so that no one part gets too much stress.
I would recommend you read some of the many board bow build alongs which have been posted, read about tillering, learn the terminology, and ask questions about anything unclear. Lastly, I would recommend that you consider building a board bow first because the truth is, until you learn proper tillering, you're not likely to build a bow that lasts for much time at all.
If you must see, Here is a link to a build-along I did for a takedown. Keep in mind, that wasn't my first bow ... more like my 21st bow. Also keep in mind that my draw length is maybe 25", so obviously my bow will have shorter limbs than a longer draw would require.
http://tradgang.com/cgi-bin/ultimatebb.cgi?ubb=get_topic;f=125;t=010908;p=1 As to your dimensions, if your limbs are 26", and they have 8" wedges, then they only have 18" of bending limb. That's at least 8" too short for a 28" draw. If you've got 12" between the limb butts, and 8" wedges, that's 28" of stiff section, then 26"-28" more for each limb and you're talking about 80-84" bow in order to get the limb length you need.
For the takedown I posted, the riser was 14" and each wedge extended 2.5" past the riser for a total of 19" of stiff section. Then 22.5" of bending limb in each limb for a total of 64". That bow also is a longbow and so bends almost all the way to the tips.