So as far as the original question goes, I think we all can agree on a few things.
The neutral plane does exist, even though we can’t really locate it. And on either side of the neutral plane the potential for opposing forces exists, compressive and tensile. When we build bows, we are balancing those forces, do they require an equal amount of mass to achieve?
For me thats the Bowyers paradox, where is the neutral plane?
We count on the materials we use to deform and then return to their original resting state as fast as possible. So it’s becomes a question of how you want those materials to return and there are two choices; pushing or pulling. Have to have both and they do have to balance out. Also need to keep in mind that with a laminated bow, each individual component has its own neutral plane in addition to the bow’s. Which leads me to my preference. I prefer a thinner, denser, more compressive material on the belly and consequently a thicker more elastic back. The goal being to move the neutral plane are far towards the belly as possible.
So if it was me, I would trap the belly side, which I believe would scrub off more weight with less material removal, but only for the purpose of trying to make a specified draw weight.