Side panel cutouts

[jps]

I've sketched out a card template for the holes I need to cut in my side panel. I had originally intended to try to keep as much material as possible but - I am now wondering - will it be simpler / looks as good just to chop out the whole bit that i've shaded in the picture below?

The template is just to establish where the holes will go - the final holes will have rounded corners etc.

[IMG][/IMG]