I cut this simple project today and installed it. 1/8" acrylic, cut great with a 1/8" 0-flute bit. With no vacuum hold down, though, it took a lot of blue tape and CA glue to hold it down so the cutouts didn't cause problems. The alternative to using a profile cut would have been a pocket toolpath, at a cost of about 10X in machining time.
Simple project, but it makes a nice addition on my deck.
John