The Tsai-Wu criterion in an interactive failure criterion, as opposed to a non-interactive failure criterion. In theory, it is possible that an interactive ply level failure criterion is more accurate for ply level predictions (though even that is highly debatable). However, what is not debatable, is that when an interactive failure criterion is applied to a practical laminate, it becomes difficult to determine what the subcritical failure modes are (such as a matrix failure mechanisms). Because of this (and other reasons), non-interactive failure criterion tend to be preferred for laminates. This is because the fiber and matrix failure modes are decoupled, which is useful for practical laminate level predictions. More specifically, max fiber strain can be used for laminates that exhibit fiber dominated failure. Fiber dominated failure is usually the case for well designed laminates and works well for carbon fiber/epoxy material systems (glass fiber is a little different).
Moving beyond simple unnotched failure prediction, ANY ply level failure criterion, especially the interactive ones, lose physical meaning. For example, laminates with holes, fastened joints, strength after impact, are what structures are usually designed to. Because of the notch sensitively, hole filling effects, installation torque, etc., strength prediction using ply level criteria has little meaning. Instead, one can use analytical and test methods (semi-empirical) to account for the practical effects. The Tsai-Wu criterion is probably best used for academic study and comparison to other ply level failure criterion. Beyond that, it has limited value.
From a historical perspective, it was hoped that a ply level criterion could ultimately lead to accurate laminate level failure predictions. This would be a best case scenario because the required test data would be minimal. Eventually it became clear that this was insufficient for practical laminates and practical considerations. However, failure criteria such as Tsai-Wu remain popular in academia. This is because academic approaches do not go beyond the unnotched strength prediction level. Unfortunately, structures are almost never designed to the unnotched strength.
Brian