I wouldn't encourage you to cut the hole without having the Trackball yet. You will only need a cutter and a circle to make it.
Maybe you could do some finishing on your control panel, I already worked four days on mine just drilling, sanding, joining, routing the edges, routing the mounting plate, coloring, sealing, sanding again... AND IT STILL LOOKS LIKE A BRICK!
But, and this is why I replied to your post: You can use the measuremants given at the Happs-Site to prepare most of the panel. There they say its 3.24" wide. I can't verify this now (I'm at the office) but the other measurement have been precise enough.
RubbrDug