Mark,
Here is how you do the molded leading edge.
1) Get a straight 1" x 6" board about 4' long (I used an oak board from my junk pile). Clamp it in your shop vise or modify it so it will stand on edge above your work bench (blocks on each end).
2) Cut a 48" strip of 1/16" (relatively hard) balsa 7/8" wide and tack it to the edge of the board with a few dabs of rubber cement.
3) Cut a bunch of 1/16" balsa rib-lets as you see in the photo. I use a sheet brass template and place it on the balsa and cut each out with a #11 blade in my hobby knife.
4) Mark the 48" strip for the rib-let locations and glue the rib-lets to the strip.
5) Measure distance around a rib-let plus the strip and add a bit for good measure. You can just wrap a piece of paper around to get this measurement. Then cut a strip of straight grain 1/16" sheet (soft balsa) that will wrap around the rib-lets. A little excess can be trimmed off after the leading edge is finished or can be notched to receive the regular ribs. If you do not have a balsa sheet long enough double or triple the rib-lets where you are going to make your splice. Don't splice the sheets until after they are formed!!
6) Wet the wrap sheet on one side (ammonia added to the water may help but I have never had to use it). When the sheet will flex enough to wrap tape it on in a couple of strategic places (I use blue painter's tape).
7) Now wrap the whole setup with elastic bandages (I had a couple left over from knee surgery) and let it dry for a day or so.
9) Remove the formed sheet and use slow epoxy or Elmer's wood glue to attach the formed sheet to the rib-lets and 48" strip (41" in the case of a Ringmaster). Rewrap with the Ace bandages and let dry (harden).
10) Remove the bandages and carefully separate the new leading edge from the board (the rubber cement will let go if you apply a steady pressure).
That is it. A lot easier than it sounds. You get a LIGHT, straight and strong leading edge.