After re-reading Ledbelli's block-inlay tutorial, I went at it on my bubinga fingerboard:
Triangle markers temporarily hot-glued to fingerboard for scribing
Marker positions scribed with a sharp utility knife
First one done, took me around an hour! I'm shaving my way down with the dremel and a 1/8" downcut spiral bit. The inlays are a fat 1/8" thick, think it's safe to cut the recesses in one pass like Ledbelli does? His inlays are probably 1/16" thick. I am being excruciatingly careful not to chip out, the bubinga is very hard and brittle. Time to re-sharpen the chisels, I thought they were sharp, not near enough for this work yet , I guess.
I took some very careful measurements on my checker binding channel, and realized they vary a little in depth, probably because I wasn't as careful as I should have been to keep the body edge perpendicular to the centerline of the binding bit. You wouldn't think that tiny error would matter, but it does. I re-cut the inner ledge using the next smaller bearing to make it .010" deeper, binding seems to fit better at the horns now. I got some water-thin CA glue and the kicker, will try the tape first/then glue method on some scrap.