Are wormholes a death sentence?

[grouse11]

I cut down some osage about a month ago. There was one decent sized offshoot at the trunk that was dead. It was about 10" diameter and 7' tall. It was hollow on the inside and I split it into 3 staves. I knew there was some bug damage but today I split one of the stave and got 3 pieces out of it. I stripped bark and sapwood off of one and there are bug holes that run through it. Most don't appear to go the whole way through but I'd say there are 1-2 holes every foot. Is this a death sentence for this wood or can the holes be incorporated? I know that knot holes are fine but the grain grows around then so there is more structural integrity.

Was hoping to get an opinion before I waste any more time on them. I have plenty of other wood but this stuff is much much drier so I was gonna start working it now.

Also I am assuming all of the wood from that piece should be quarantined? The one piece after splitting today I did find a flathead borer larvae and some lethargic/dead ants. When I cut the tree and split it I sealed the ends and sprayed all of the bark with insecticide but don't want to do something stupid  and lose the rest of the wood...

[scrub-buster]

You need to go down as many rings as necessary to get below the borer holes.  If you are able to do that and still have enough wood for a bow you are good to go.  You don't want to leave any holes in your bow.  You don't know which direction they go under the surface.  They will create a weak spot that can cause the bow to fail.

[Eric Krewson]

You can have two types of holes, wood wasp larva that don't go too deep and powder post beetle holes that start on the top and go out the bottom.

Your wood is probably salvageable if you have wood wasp larva as they tend be confined to the sapwood and a couple of rings of heart wood and bore parallel to the grain. The larva are white and about 1/2" long.

If you have pin sized holes from powder post beetles your wood is toast. Powder post beetles go deep and make many branches along the way.

The picture is of a piece of oak I split for firewood that shows the depth of the beetles holes.