For sure you can't shoot bullet holes in paper from 6' to forever with a trad bow like you can with a center shot compound, but then even some compound shooters can’t do that every shot. I guess if you define paper tuning as perfect holes all the time at all distances then no you can't paper tune a trad bow. However, I define paper tuning as shooting a hole in the paper to see what the arrow is doing at any give distance and using that info to help me better understand what changes in my grip, release, and other tuning changes makes to the way the arrow flies. It was the same thing I did with a compound; I just can't get perfect, but I don't need perfect. That snap shot in time and space made when the arrow hits the paper is very good and valuable info. It is as good as high tech slow motion or high speed photo’s at basically free and low tech.
You don’t need a perfect release every shot. Shoot 10 or more at the same distance and see what the average arrow is doing. Do that at all different distances and keep track. You will see the pattern. And you have a record of it you can look over and make notes on. Very handy.
I am sure there is a lot more variation in the tear on paper shooting wood or aluminum with the slower recovery so with those shafts you should plan to see some changes in the tear over flight distance, but the subject is carbons and the fast recovery. Most of my paper shooting has been with carbons. I find it is not hard at all to get holes from perfect to no more than ¼” out of line with most shots when I am reasonable with my release and the bow is tuned. I can do that with my cut 1/8-3/16” out from center bows and my 3/16 cut past center bows. It just takes a few more feet for arrows shot from the cut out from center bows to straighten out. I am far from a top shot so if I can do it anyone can do it with some work on release.
O.L’s method can be very good in many ways, but I believe that it is best with wood and aluminum arrows with more standard FOC. HFOC with carbons and the fast recovery of carbons makes my results very different at times. I have used this method to tune carbons and found they are not tuned as well as they could be tuned. Many times I think HFOC arrows are a little too stiff while EFOC arrows are too weak, but they put the bare shaft in the right spot because all that up front weight drags the shaft there not because the whole arrow flies right. Then I shoot them in paper and see they never get straight to well past reasonable hunting distances, or that they make too much of an over correction and wobble back and forth too much. An arrow that never sets up and flies straight will not maintain best speed, accuracy and penetration. I also find that bare shaft shooting takes just as good of a release to get consistent results. I see very obvious changes in the bare shaft behavior with changes to the release. Just as much as with paper if not more. One more flaw to this method for fine tuning is that accuracy is critical. If you are not shooting well and accurate, it is harder to see if the bare shaft is shooting to the right place. I have had days when my shooting was off and my release was off, and I could get a bare shaft to do just about every possible thing for flight and impact point.
Now here is where paper shines for fine tuning in two areas. Because you are shooting paper you can shoot a big piece of white paper. Not only can you see the hole, but I can see what my arrow does in flight against the white background in shaded conditions. That white background shows the arrow shaft very well. Way better than shooting most darker targets in varied backgrounds. That alone is priceless. Many talk about watching to see how well the arrow flies. Well why not make it so you can see the flight as well as possible? Even if you don’t look at the tear in the paper you can get great info from better seeing the arrow flight.
The second thing about paper shooting is that aiming is about totally non critical. You can shoot like you are blind bale shooting. That allows you to put all your concentration into the shot consistence and release without any real effort required for aiming. I use 30”x42” scrap drawings paper. Guess how much your form and release consistence will clean up for testing when there is no aiming?
I have been working with a new to me recurve recently. I had a great shooting combo going. Bare shaft looked great out to 20 yd. Flight looked real good. I took it on vacation and stump shot it a lot. I thought I had it dialed. Then I started shooting very long range shots in a mowed farm field. I was shooting 150 yd or so. I started to notice some wobble in the arrow as it got out a ways in the blue sky. I came back and today started the paper work. I found it looked real good for awhile and had good holes at 10 yd., but had an over correction right after that. Close shots showed about 2” weak tear as it came off the bow. I adjust the point weight a little, brace height a little, and then some slight nock height adjustment. I shot paper from 6’ to 25 yd. I was able to get down to a ½” tear at 8’, bullet holes at about 15’, slight swing past center at 7 yd of about ¼” then bullet holes the rest of the way out. Groups shrank and the bow got a lot more forgiving. The bare shaft looked too weak to me after that, but I can guarantee if an arrow sets up that fast and flies straight it will shot a broadhead great, and it did.
I think every available tuning method has value. If one works for you that if fine go with it. Just don’t be afraid to try other things. Even if all you do when shooting paper is work on your release and use the tears to check that, I think paper shooting has value. Just don’t pass on trying something because someone says it can’t be done. I didn’t paper tune for a couple years when I got back into trad bows more again. I missed out. I was able to get a way better tune with paper than I ever got with other methods. I will still do them all as part of my process, but paper is definitely my go to fine tuning method before broadheads.