Hi Woodenwonder,
this yew ist not bad at all. It might be very tricky in working on. You should confess your experience in working on yew to yewarcher. If it is not that great, you should lay this stave aside for a couple of yewbows and start with easier ones.
If you are experienced enough, you could achieve a very rare and knotty specimen with a lot of character. I think a drawweight of 50 - 60# might be well o.k.
The outline could be elb medieval style bending in the Hand, so that the length of 69" won`t matter too much at a drawlength of 27 - 28".
If it was my stave, I would not cut it instant.
I would rough it out, steam bend it even and after drying then begin to take away flakes from the belly till it comes around in compass by floortillering.
I would choose a centered handle section an the limb with the knot in der tip could be the lower one. When it comes out, that the knot is too weak, you could change the center to 1 1/2" to the top section and can awoid the knot by shortening within another 1 1/2" either on top and down.
You could think for a durchman either. Drilling the knot out and gluing in a dowel might be well ok.
So you don`t have to risk length in the beginning, and changes in Tiller will be neglectable, that way too.
If the knot figures out as harmless, you have saved 3" of length, that will perhaps be precious for durability.
Good luck and enjoy your stave
uhu