Mark, I don't use grains/pound of bow force as a "standard". To me, it's nothing more than a reference point; just like static-spine is; or the way we archers measure arrow FOC. The 10 grains/pound guideline dates all the way back to the time when almost all bows were self-wood. Bow efficiency has changed a lot.
As you increase arrow mass, a bow's efficiency continues to increase. However, at a certain point of arrow mass, though bow efficiency is still going up, the RATE AT WHICH IT IS INCREASING shows a marked decline. Using a chronograph lets you find this point for your bow; with you doing the shooting. That takes in everything, including how good your release is.
In the 'old days' I think folks just came up with the 10 gr/lb. rule of thumb simply because they could notice the difference in how arrows shot off the typical bows used when they reached that 'drop-off' point. They merely used the heaviest arrow they could until they noticed an ABRUPT change in arrow flight at long range. ("shooting the wand" was done at about 120 yards!) Over the years it's likely that they just put two and two together; noting that, for most bows they encountered, the relationship between the two was a 10 to 1 ratio.
Interestingly, for virtually every self-wood bow I've tried this with, the chronograph indicates that this 'drop-point' is right around 10 grains of arrow mass per pound of draw force. On the other hand, with some of the high-performance bows, such as Cher's ACS-CX, it just over 15 grains per pound of draw-force.
Troy Breeding did some similar testing with his ACS-CX (at his much longer draw length than Cher's 26") and came up with well over 16 grains of arrow mass per pound of draw-force before there was any decline in the rate of increase in efficiency. That difference is likely the difference between the quality of each individual’s release.
Today, there's not a clear-cut rule for what constitutes a 'heavy arrow'. The old 'rule of thumb' isn't as applicable as it once was, but such 'common knowledge' dies harder than a toad in mud.
Most modern trad bows will cast an arrow with a mass or 12 to 15 grains per pound of bow-force (and often, even more) with a trajectory that would have been considered increadibly flat-shooting just sixty or seventy years ago - for any arrow.
Don't know if that answers your question, but it's the best I can offer you. I'm sure O. L. could be a lot more precise!
Ed