Not sure how actual in-field testing shows up, but in viewing high speed video of the arrow doing its thing, it starts flexing well before it ever leaves the string and continues to flex for a bit, until stabilized. It does this, (recovers)apparently by the fletching and the natural stiffness stopping its flexion. The shaft spinning from fletching causes it to not flex in any one directin too far. Shooting bare shafts into a backstop often results in a broken (wooden) shaft cause the arrow hits nearly sideways. Put feathers on it to parachute the back end and cause spinning and it won't do that.
Since the arrow is still affixed to the string at that point, how much can anything that is at the rear affect the flexing of the shaft UNTIL it is off the string. At that time the whole shaft is flexing back and forth and the feathers / vanes look like they are flying, much flapping as they are doing.
The arrows don't. . can't. . start spinning until it is off the string, and it sure appears that it doesn't start until at least after it clears the bow riser, maybe by feet. So much for setting your arrow up to clear a rest.
There is no more bending around the riser at that point, its already past that, simply recovery. Larger feathers appear to help.
A riser that is cut past center far enough that it allows the arrow to pass straight thru (if it didn't bend from the pressure of release) likely allows for a stiffer spine, since it is not required to bend around a riser) and that allows it to recover faster. That also makes the bow less critical of arrow spine.
That is just a very slightly educated guess, however.
ChuckC