I shot it today. I checked the brace height, it was just under 8", I fiddled it around to about 7 1/2, very little hand shock and minimal noise. also stopped the occasional string slapping. Also, the arrows are cx maxima 250, 31" and are right around 430gr. I know they are probably too light, I have some new ones on the way right now that are around 525gr.
I thought about just breaking off the peice, but the bow isn't mine and I didn't want to cause anymore damage. I do feel more at ease to shoot it though.