Mine is close to 4 cu ft, 3/4 ply, heavy as hell which I don't care about, no bracing except the assembly cleats which don't do much. With half inch ply you probably want bracing front to back, then side to side if it's very deep. I'm not quite sure which part is which. If weight doesn't matter, brace it up anyway.
PL glue is forever, just like diamonds, herpes and x-wives. Like pie_man said, they tend to want to bow in and out under pressure which alters your design. It seems the pressure would be more front-rear in the direction the cone moves, but I'm not so sure it doesn't equalize. Some people on unbraced cabs use a double layer of wood on the baffle, and sometimes on the back. If you PL braces front to back, I wouldn't plan on getting that front baffle off for a 12 or different size 15.
You also want to make sure whatever handles, dish or anything that is recessed into the wood is sealed if the hole breaks through, and if not you want to fil the void with something. PL works, so does RTV. I cut mine through so there was no voids, filled about flush to the wood inside. I offset my woofer about an inch to one side. Some people think it's important, most don't. I don't think it can hurt and it makes people wonder why it looks a little off

Bunches of other tips if you read some DIY threads, DIY/ohms sticky and google. PArts express has a speaker bible.
Oh here's one, I forgot to put the speakons in the disk before mounting it and PLing it. Egads, PITA through a 15 in hole! Mount and put the speaker wire in first!