I know power lams from an all wood bow perspective, but the concept should apply to gwass.
You want the PL to be longer than your riser, I would say at least an inch past the fades, so 2 inches longer as a minimum. It serves a few purposes. One it takes some stress away from your fades. You can get by with a shorter riser and steeper fades if you have a PL.
Second, it minimizes the working limb of your bow, which means less overall vibration in the limbs, and the bow should be more efficient. Granted, you want to make sure the bow is designed to handle the shorter working limb. Your mid limbs are now handling a larger portion of the load.
All else being the same, it will add weight to your bow.
On my tri lams I normally do .25" thick, 16" long, start fading 2" from each end. But I have done them as short as 10" depending on my riser, and lately I've incorporated a forward handle and PL in one.
I like to think of them as tip wedges for your inner limbs. You can control the bending shape and strength of that area by adding a PL. And add some color and shape.