Thanks for everyone's comments and suggestions. Here's a few of my own:
1) I was able to make the cut using my Dremel. At the Home Depot I found a 'Plastic Cuttting (EZ476)' attachment that worked like a charm - cut right through the hood with minimal melting - smoothed the cut out with one of the regular Dremel sanding pieces. BWT, the EZ476 attachment required a 'Mandrel (EZ402)' mount.
2) I bought the Model A LifeReef sump (sump combined with Jeff's protein skimmer). After two RSM skimmer pump failures I decided to remove it and put the overflow/pre-filter in it's place (thus requiring the cut-out on the skimmer panel). Since I have my sump output going through my chiller, I did remove the fans and have my return going into the left chamber. A couple of comments on this configuration:
a. With the stock skimmer removed, I did not see a reason to regulate the flow to the back chamber, so I have the overflow gate all the way down. I was able to regulate flow to my sump and return to the tank very easily with this configuration.
b. Since Jeff provided a standard return u-tube, I currently have my sump return going directly into the left chamber (coming through the fan openings). Tom, I know you (and others) have bypassed the left chamber and directed the flow back into the DT and I may still do this too. But with the the return being injected directly into the left chamber, and the pull of the left chamber pump, is there much of a benefit bridging the left chamber as you have done? I assume you had to make another cut in the hood to make room for the the return hose? One other (maybe minor) benefit of having the return go directly into the left chamber is that I'm now able to use the RSM filter cartidge with the polishing filter full time since I don't have to worry about it starving the left chamber with water as was previously the case.
I've only had this configuration since yesterday, so maybe I've made some hidden mistakes or bad assumptions. But so far so good. Thanks again for all of the replys and pictures. I'll take some of my own set-up and post them shortly.