It can certainly be done, If you really want to go furniture grade, I'd start looking into joinery techniques. Biscuits, sure, but there's mortise-tenon, rabbits, daddos, dovetails, pins, etc etc.
Look for some contrasting wood types to accentuate the joins instead of hiding them.
And finally, if you're going for a full size, traditional looking arcade cab, I'd consider some sort of cabinet panel treatment for the sides and front. Going straight flat panels is fine for all black arcade cabs (or those with lots of artwork on them), but to me, that just seems like a little too much woodgrain without something to break it up. (that's why I like Wilno's cab +alot+!)