Iowa,
If I read correctly you were wanting to set up target arrows. In my experience if your arrows are basically wanted for consistency (shot to shot) the weight forawrd argument should not apply. For target bows I like my arrows just sligthly weight forward (allmost neutral) they will be faster and flatter that way. A finished arrow weight of 400 grains (+ or - 50 grains) will shoot nearly flat at 15/20 yards, and have managable drop at 30 yards.....if they are neutral weighted and smaller than "hunting" size fletch. The other thing (just my experience) is that if the arrows are draw length + 1" and no more you should encounter less variance in their manners. Less shaft, less chances of spine and density differences.
I really think that the EWF talk is aimed at driving force of an arrow and head to increase penetration in the target, and would not apply to target archery. Like Pat B said about the spine figures ....the are based on the AMO standard 28" spacing and 125 grain weighted heads. I aint sayin how you ought go about your selection....but I believe you will be happier (and more consistent) with faster, low trajectory, arrows. You will also probably like lighter finished arrows, as long as they have enough mass to utilize the energy in the bow (too light is dry-fire and bow damaging and too heavy is sacrificing trajectory).
Hope that wasn't too much BS just my thoughts based on my experience.
rich