The IBO speed rating does mean something. You probably won't get that speed out of it. IBO standards are 5 grains per pound of draw weight, 30 inch draw, 70# draw weight. Since it is a standard way to measure bow performance it is a good means by which to determine the faster bow. The faster the bow the more kinetic energy it will produce. Unless you shoot a 350 grain arrow at 70# with a 30 " draw, you will not get the IBO speed out of it. However if you were to choose a bow that had a lower speed rating, you would be shooting those same arrows slower than you are now.