First of all, you've got to get used to different shaft material. I had it the other way around: I had to get used to carbon after shooting wood for years.
Wood does not need a break-in period.
Wood is much more forgiving
Wood does not need large fletching; I use 4" shielded, light helical.
Wood is more silent and less nervous.
I prefer 11/32 over 5/16 after some testing.
On my 45 lbs hybrid longbow, very close to center-cut and a 6 strands SBD string, I use 53 lbs +/-1 lbs, 29.5 BOP, and a 100 grains fieldtip. I've shot this set-up for years with great results.
However, wood DOES bend. If an arrow doesn't fly right, it is most of the times bent or crooked. When pulling the arrow out of the target, place your hand as close to the point as you can (preferably against the target) in order not to bent them when pulling out.
Inspect the straightness every time before a shooting session by spinning them on my hand. I put the wobbling ones apart and straighten them.
Here is an easy way for straitening:
http://tradgang.com/noncgi/ultimatebb.php?ubb=get_topic;f=2;t=000060