Glyn
Ray means sheets whose surface grain runs across the width rather than along the length.
Ray
"One man's meat" – I've been using liteply in my boat and aircraft designs for about 40 years – ever heard of Precedent Kits? In the right place it's far more suitable for models than birch ply; it's all a question of application. Slots and tabs, appropriately positioned, will automatically flatten a bent piece once it's fitted, and you can add a lot of strength and "straightness" with a cunningly-placed strip of bass or balsa. Like Bobbable says, laminated parts should be done with opposing curves and weighted down flat while the glue sets. None of this is particularly clever stuff.
Birch ply is good where its strength is needed and it is waterproof, but it's twice the weight of liteply and really needs power tools to work it if it's more than about 0.8mm thick. The liteply cuts and bends easily so it will bend back easily from being 'warped'. I use it for most of my {quite small} models and have no issue if it's slightly bent, but I do store it either flat down or upright on end along with a lot of other sheets. If you are that worried then be careful how damp you get it, because it's made with a PVA adhesive and therefore may de-laminate if too wet.
Dave M