I haven't tested enough shafts to share results. I just whipped up this test last night, I felt a shaft from a particular manufacturer was too soft and needed to prove it without a Rockwell test.
One more thing to add regarding accuracy. To say mass dictates, I feel is a misstatement.
I said
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Speargun power (band load) is dictated by its mass.
By that I mean; how much you can power up a gun before it becomes erratic depends on it's mass. Any speargun worthy of consideration will have the grip as close as possible to the plane of travel of bands and shaft, this is the single most important factor IMO. Other design elements such as raising the bands, flatter horizontal profile for the stock, enclosed track/deep tack, and even minutia such as tapering the ends of the bands, are nice but all negligible towards that end. A roller speargun design probably controls recoil better than all those combined, but who wants to dive with that mess. If this wasn't the case then simple aluminum tube spearguns like Rob Allen would simply not work.
To me design elements for a reef speargun make sense when they make the gun compact and easy to carry/maneuver in a loaded state, for example allowing the bands to stack nicely. Quick and easy/comfortable loading, for example a deep or enclosed track guiding the shaft into the mech, auto resetting line release and simple shooting line routing. Durable with less probability of any of the parts failing. And of course aesthetically pleasing. All that done there's a reasonable range and accuracy that I expect from the speargun; a 7mm (9/32") shaft powered by 2 x 16mm small ID bands with 120cm band stretch to be able to hit a 2lb fish at the end of one wrap of line. That's it.
More band power would mean that I'm going after big fish, lets say 60lb and up, that are easier to hit towards the limit of the speargun's range because they present a larger target, and require deep penetration at that distance. This means a heavier shaft and more bands, and for a speargun to not lose accuracy in this situation it must have more mass. Unless I'm specifically targeting big fish I don't want lug around a big speargun. And that's not to say that if handled correctly a lighter gun can't take big fish.