I didn't realize I missed this post, and boy does time fly when you're busy at home & work....
Anyways, after I round edges off with a router I mask off on either side with blue tape then start wet sanding with 800 and as long as that gets things generally smooth and even then 1200, 1500, 1800, 2000. lots of rinsing the paper and rinsing the sanding area during the process (I use a spray bottle with tap water). After than I hit it with the orbital and the Meguiar's Ultra-Cut (105) and that's usually good for corners. At that point you will be able to tell if your sanding job was good enough, because any patterns that didn't get removed from one step to the next will show up. Then you have to go back to those areas and get the scratch out, go through the stages, and polish again (which goes fast for a small area).
I use the sanding block from the micro-mesh kit, it works well. I use the paper from there too, but I also have a lot of sizes available in full sheets from my local woodworking store.
As for bending acrylic, you need to buy or make a bending jig to get things perfectly square. It's simple enough, my dad has one he uses for making display cases, just 2 pieces of melamine coated boards with a hinge in the middle and a piece of wood on top of each to keep the piece in position (like a "stop block") and clamps on the pieces and then he puts a strip heater on/under the acrylic to heat it up, when it starts to soften you take the heater out and fold the boards to a 90 degree angle. He has a bracket on it so that when it hits 90 degrees it locks in position so he can leave it there as it cools. Takes some practice, and my explanation above it hard to follow I'm sure if you have never seen one but that is the general idea - keep the 2 sides of material on either side of the bend held in place so they don't "twist" as you bend them, and maintain the desired angle after the bend.
As for making and overflow template, I did this using double-stick tape (intertape). Take your template piece, that has one edge routed straight, and place that flat on a table with 1" or so hanging over the edge and clamp it down. Take a long piece that is also straight on one edge and tape it down parallel to the main piece. This is your limit stop, or backstop - meaning, you can't push the router any further than this piece (your router base will hit it). Then take another strip that is square on one corner (or close enough) and place it on top of the template piece, butted up against the limit piece. This is your guide stop. You will be removing and replacing this as you cut each tooth. So you place the guide stop down and run your router along it until it hits the limit stop, then back the router out, move the guide stop 1/2", and repeat. This is done with router in hand with a standard base.
The important point here is to make sure that whenever you use the double-stick tape, you need to remove the masking from all material, and clean the surfaces with denatured alcohol prior to adding the tape and attaching the pieces. When moving the guide stop, usually you can get the piece off and use the same tape for two or maybe three teeth, but eventually there will be enough acrylic dust to diminish it's holding capacity, so you need to replace the tape. If you press it down hard and you can wiggle it, replace the tape. If in doubt, replace it every time - tape is cheap, and you only need to make the template once. Clean off both surfaces after removing tape. For the guide stop I use 2 strips of tape to get better contact. Make the guide strip longer than the template you are taping it to so that you can get leverage to remove it.
You can also use the above to make a small template, say 5-10 teeth, then use that template stuck on top of a longer piece to make a larger template on a router table. Then it's just a matter of lining things up right each time you move the smaller template. Or you can just make a small template and move it several times each time you make an overflow, if you don't make many of them.
I make all my templates out of 3/8" cast material. 1/4" doesn't hold up well with bearings running on them, the teeth can easy snap. Plus 3/8" gives you better bearing contact.
hope that helps
Bud