(In my best Ed Mcmahon voice)
You are CORRECT SIR! <img src=icon_smile_big.gif border=0 align=middle>
Out of the 3 tolerances usually mentioned, they are in order of importance, Spine, weight and then straightness.
Beamn ICSH are a perfect example. Pretty poor straightness tolerances, good weight tolerances per dozen, but excellent spine match. And they shoot like a house-a-fire...for a little while... but that's another tale.
Even with a drop-away, the arrow will flex, and it has to flex consistently to get consistent accuracy.
JeffB