Perfectly flat limbs are harder to get though.  It's ok if the belly is a little rounded, it'll even help you get a good even thickness taper.  Well rounded corners are necessary even with a flat belly.  They keep the edges from kinking.
A rounder belly will cause more set, which isn't a big deal.  Dogwood is pretty dense too so you shouldn't have much to worry about.
The belly can be round or flat, just make sure you have a good thickness taper.  No dips, no hills.