Crooked Stic
You're right taking that much weight leaves very little glass...but the bow that is left has significantly less stress with the weight reduction. Again for me and only me... they shoot incredibly well and I try to break them on my tillering tree before I even start to shoot them.
The Whittler,
As to where I start and finish grinding, I go from the riser fades to about 6 inches from the tips. Most importantly any transition areas from thin glass to thicker glass has to to feathered so you Don't feel that transition which would cause a hinge effect. It is important to feel the entire length of the limb for any irregular areas. When I grind a knife, I can feel any uneven areas with my fingers better than looking for them.
You would need to have a tillering set up to be able to pull your reduced bow to make sure your tiller is good and to check your weight reduction. Mine is just a 2x4 with a holding area for the bow with scale attached at the string and pulling from the base of the 2x4....
Two ways to visualize your tiller is to 1) hold your bow with the string up and with the other hand either push the limb tip up or pull it down. Then look at the opposite limb how it reacts. By pulling or pushing on one limb tip you make the other limb react to being either week or strong. Try it on any of your bows and you'll see the reaction.
2) The other way to visualize your tiller is to hang the bow by the string on a wall with horizonal boards or a lay it on a tile floor to see the evenness of the limbs.