Okay, using the tutorial from Corry1000 as a starting point (and augmenting it through various other "how-to's"), I have installed 4" speakers in my rear panels. I apparently have a much "fatter" speaker than Cory does/did, or he did some cutting on the Tridion, since I had to boost mine a full inch out of the panel. I used 2 pieces of MDF, 1/2" think, for each speaker. Used my scroll saw to cut them out. I first cut the outside of the rings, then glued-up each full set. I drilled the center hole just large enough for a 3/8
bolt, which I passed through like a mandrel. I then put each one, in turn, in the drill press, where I shaped them using prograssively finer files (started with a rasp), then sand paper. Then I cut the interior circle, since it doesn't have to be quite as perfect. Sanded that out a bit with a 2" sanding drum in the drill press.
Once I had them where I wanted them, I sealed the heck out of them with sanding sealer, and once that was dry, treated them to several heavy coats of marine varnish (just to make them a humidity-resistant as possible). Then I marked and drilled the four mounting holes for the speaker, and painted the rings with a light-grey Krylon (almost perfect match for the interior panels).
Next, I held each one to its respective side panel, and traced the interior circle. I used an Xacto knife to cut out the side panel hole. Then I held the ring back up to the side, and drilled the mounting holes through the panels.
Using 4 #6 3" bolts, I bolted the rings to the panels, then flipped the panels over, drilled 8 pilot holes in each ring through the plastic, and screwed the ring to the panel using #6 x 3/4 screws. I added a final coat of the gray paint to the entire panel (just to get a perfect match), and when all was dry, mounted the speakers. I did solder 6" wires to the speaker terminals, and added quick-disconnects, so that I can take the panels off, at need.
Unlike Cory1000, I don't have the skill or temperment to try and "upholster" the panels with a nice fabric, so I opted for the paint finish, which is VERY close to the original color.
Here are the results: