Trx,
As others have said, cut the hanging tag ends, and I'd also wax up that area on each end with string wax and smooth it out with your hands. Even if you don't make strings, having some string wax around is a good thing. I even use a little on my compound strings.
Obsession, infatuation, whatever! Yeah, I have plenty for me, about 12 trad bows, all vintage. Just got back into trad shooting about 2 years ago after not having much to do with it since high school. But all are perfectly shootable, am really enjoying them, and hope you keep enjoying yours, also!
Oh, and like a lot of folks I make strings (for myself), which is a fun sidelight on it's own!
Keep shooting!
Scottie