You're set up fine with the rug rest and leather strike plate. Elevated rests got really popular in the mid-60's, so they are pre-compound and as properly traditional as anything else.I still prefer the shelf though.

I do like shooting off an elevated rest for targets. Just a tad better accuracy at longer distances for a few more points on the score card. On a hunting bow though, nothing is simpler, more durable or less trouble than shooting off the shelf. Well, unless you don't have a shelf and shoot off your knuckle instead. For hunting accuracy, it doesn't really matter whether you split the hair you're looking at or the one next to it. Dead deer is dead deer, with no extra points for hitting exactly where you aim.