I "FINALLY" decided to go with the Allegiance after shooting it Friday.I will be shooting at 70#'s @ 30".My question is what speed should i be looking at with a brass nock,string loop,peep and factory hush kit installed with a 402 grain arrow?

You should be right around 300 fps.

Newman 1--with that set up your arrows will be rocketing, I would guess over the 300 fps mark.
However it's better to put the emphasis on accuracy, good shot placement will get you that score.

I don't think shot placement will be a issue.This bow shot amazingly well,better than i thought it would .I love it!!!!!!!!!!!!!!!!!!!!

now i just gotta wait till July to go pick mine up[:@]

Newman, do you think you could spare me about an inch of your draw length?

That bugger is gonna smoke with those specs.

Anything for you muzzy,as the allegiance i'm getting will be at 75lbs