If you live in Oregon and want to hunt Elk, I believe you need at least 50#.
You should be able to switch from 74# compound to 50# or 55# recurve. But, be prepared for a real difference between the two.
In my opinion, you should get that bear bow (hopefully it's at least 45#) and shoot about 10,000 arrows. Only then can you really get the feel for a recurve.
Also, if you're not really certain you will like it, get a 62" Samick Sage take down. The complete bow cost $ 129 and extra limbs cost $ 70. You can do one heck of a lot of learning on that small amount of money.
Blacktail bows are a 15 mo. wait. That's a very long 15 months, I can assure you. But, if you know what you want, it's worth the wait.