I assume Buffalo hunting is a ground attack at 20+ yds. That being said it may be a tough shot. Early season I shoot out of a tree with a 1050gn 28in 2117, about a 300gn grizzly, 100gn brass insert,a 3in 1/8th in internal Brass rod screwed in the back of the insert. I use a rubber hose to slip over the rod to keep it from rattling. My bow is a 61lb\\27in R/D LB. Shooting from a elevated position I do not see much drop in it. On the ground during the rut I scale back to 750gn arrow.
The 1050gn drops like a dead goose after about 18yds, however in that first 15 nothing is stopping it. From a tree its no problem. But your going to be on the ground. For me shooting from the ground with the 750 @ 20yds is about the same as 18 ft up with the 1050gn. Your 70 lb bow you may not see such a change, but it will definitely be an adjustment from a lighter setup.
If you can hit your target go for it. I would not worry about speed/KE. I think we are far from running into diminishing returns at 1000gns and heavy bows. Natives have been using lighter bows with heavier arrows for thousands of years with no issues.
I used to use a similar setup to yours with beman MFXs, alum footted with oak dowels jbwelded inside. I switched to alum and brass for more flexibility in tuning. With the brass rods it is easier to trim to get the best flight. However your carbons can most likely deal with hard impacts during practice better than alum. I'd jbweld or epoxy your stuff in after you found your best setup or they will come loose. Keep in mind you will have way more KE than your average arrow.