Osage is indeed tough, but given the knots I don't know if I would rank it above Purple Heart or Bubinga in terms of riser strength...and IMO all of the above are too heavy to make ideal limb cores.
I would say bubinga is my favorite riser wood, and I would say one of the very best. There are many other excellent riser woods of course, such as purple heart, cocobollo, wenge, maple, and others, but I think bubinga has these all beat with purple heart coming in just as nice performance wise and durability wise, although not as nice looking. For limbs I like edge grain red elm and/or edge grain maple the best. Bamboo is also nice as a limb core, but I don't think it is as strong as the elm or maple. For a laminated bow though, all of these are fine.
Additionally, I know it has been said many times that the limb core doesn't matter much in a laminated bow, and that may be true to SOME degree in a bow that doesn't have much limb core, like a recurve...but for a bow with 0.250" total depth back to belly or more, I just can NOT accept such reasoning...and here is why. Say you have a bow with a 0.250" total thickness back to belly and with 0.086" of glass (2 x 0.043"), that would leave 0.164" of wood core...which is about 1/6." Some bows, such as a 66" length longbow may have a total depth from back to belly of 0.350"...and with 0.100" of glass that would leave 1/4" (0.250") of wood core. Get a raw lamination that is 1/6" to 1/4" thick (not in a bow) and that is 20" length lamination (about the length of the limbs in many bows) and bend it...and you can feel its resistence. Sure, in a laminated bow the glass does most of the work...but if one looks at this raw lamination and how it bends one will see variation in how it flexes based upon its grain and content (knots and such). This is why I like edge grain red elm, edge grain maple, or bamboo...as all are very consistent from one end of a lamination to the other end of the lamination...and bend more evenly than say something like bocote with its knots and variation that is seen in flat grain. Sure, the glass will hide such variation to a large degree, but I can't get past knowing the variation in the core is there with some limb woods, and that bothers me even if it is slight. A very knowledgeable bowyers once told me it doesn't matter what a limb's core is made of, and while I don't want to disagree with him, I would say "physics is physics" and if the core has variation I believe that variation remains even if minimized by the glass.
Now, that said, I have made up a bow with bocote in it, but I will only use very thin (0.025" - 0.030") veniers when I use something like that in a limb...allowing me to leave the majority of the core for a more consistent wood.