Bob, thats a good question
Well, because it was once
defined like so. And AMO standard is still 26 inches - whatever Easton etc. may have invented nowadays (e.g. 28"). It was not only defined so, but working quite well too, as bows were more alike and mostly LB's anyway.
To go FROM deflection to pounds had it obvious reason in providing all archers with almost fitting arrows. Only very few had a spine tester themselfs - hence would have been able to measure deflection for their arrows - but everbody knew what draw weight his/her bow had. So that way around was the easiest. Step in a shop and say you need arrows for a 50# bow - and gone.
But, with more modern materials and advanced designs all ended up in big confusion, because each bow may perform ALOT different from an other - even if maximum weight is the same. Think of RC with sight window vs. ELB etc. What was supposed to make thing easy has evolved in a mess.
Knowing the actual deflection of a given shaft would allow to use it with each bow asking for excactly this amount of deflection.
Deflection and "Spine-Pounds" can be converted by formula - okay - but what is happening is, that spine testers already read in pounds. And there I see one problem, cause each of them (testers) is calibrated different and you can't - most likely - compare one to an other without adding a constant factor X to the readings of one of them. But who knows his "X"?
With all the difference in bow performance nowadays the declaration of "spine-pounds" has boomeranged back on us. With a little testing you soon get an idea of what deflection your arrows should have, but WHERE to get them???
Sorry for the lenghty text guys - I got carried away - I suppose. Falk