Thanks for the replies. I'm thinking 1/2" should be fine, and luckily, my local Home Depot actually carries it, and in nice 2x4 sheets (my local Home Depot rarely carries ANYTHING, damn store)
I'm debating on T-molding also. I have absolutely everything I need for this machine except the wood, so I was thinking about alternate ways to finish the edges. I have a feeling just painting won't look so hot. I was thinking of rounding the edges or something to that effect, but since I have no router and would need to buy one for that, I might as well just buy a slot cutting bit too and do t-molding. However, all of that jumps the price of this cab from under $50 to probably $150+
I'll figure something out I suppose. If anyone has finished edges any other ways besides tmolding, let me know.