My friend Sam @ www.detroitcustomdrums.com just did a CRAZY (not my style, but great sounding) acrylic kit for the Vintage/Custom Drum Show in Chicago last spring (and he has done a handful of snares in the past). Sounds like you need some special bits and lube, but other than that it ain't THAT hard. NOW, could be way wrong. Maybe he got the edges done by someone else and just did the artwork and hole drilling. Don't take my word for it, but Sam is awesome and I would bet he just did it all himself.

Attached is a pic of his kit. There are more online if you look at the drum show site etc.

-Adam