Until I read this warning I had my limbsavers placed more toward the cam and idler wheel, and I see many pictures with others placed the same (near the cam) what do you guys think? Does this affect the effeciency of the bow?

! IMPORTANT LIMB !
! INFORMATION !
Your new Bear Archery bow uses
the latest technology in limb design. This creates
a limb capable of storing optimal amounts of
energy unlike any other bow in the industry. For
that reason, the use of limb mounted accessories
such as vibration dampeners must be restricted.
These particular accessories MUST NOT BE
mounted more than 2 inches from the limb
pockets. Mounting limb accessories more
than 2 inches away from the pockets,
particularly clamping type accessories, can
potentially damage the limbs and void the
warranty. See the illustration below.
Limb mounted
accessories CAN BE
MOUNTED IN
THIS REGION OF
THE LIMB ONLY.

Update: I read somewhere that this warning applies to the newer 'flared' limbs of the 2008 lineup of Bear bows and shouldn't matter on my Bear Instinct.

This statement came with the bow itself. Fortunately, i saw that before i installed the dampeners

ON a instict install them as near the cam/idler but u want atleast 3/4in clearnce between the limbsaver an the cable's//
worked great on my 2007 Bear Element HD

I have mine placed 2-4 inches from my cams on my PSE.

Which PSE do you have? I have the XForce TS, and have contemplated some Limbjax. It's awfully quiet now, but every little bit helps.