On my last bamboo backed bow I glued it using Unibond. I had some voids that appeared after glue-up (because the Unibond was bad) and I filled them with TBIII. I had to do some heat correction later in the tillering process, and the TBIII "cooked" and turned a burnt brown. The Unibond showed no change. I would say 150 degrees seems about right for TBIII. Unibond can handle more.
I agree with Pat on set. Set happens as a result of fractured wood fibers, and no amount of heat will repair those fractures. Although if you re-tiller it, you can remove some of the fractured fibers and strengthen the remaining good ones with heat.