Man... where was this stuff in the '70s? I can't imagine building a model without it. The sides are going to be 1/4" thick when finished, but lots of that will be sanded off. The top and bottom will be 1/4" stuff, too, but the cf will just get bonded to them on the inside surface. It's not that big in diameter. Only 1" at the tip of the tail but only 1 3/4" at the trailing edge. More of that sanding 101 stuff, comin' up... Anyhow, the .007 X .25 strips are just tacked at the ends to keep them in place. The sides are prepared by spreading Gorilla Snot on the short side and wiping the other side with a damp rag, taking care not to dislodge the cf strips. Warm the urethane glue a touch with the heat gun, and remove as much as you can, leaving a thin film. Put the two together under pressure, and wait about 4 hours before checking it.
The Gorilla Snot, or urethane glue, as it's really known, is 100% solids. That means the weight you add will stay there and none of it will evaporate away. It doesn't dry, it cures. It's catalyst is the moisture in the wood. Again, if you live where it's moist most of the time, don't worry about dampening the wood. If you're in the desert like me, you'll wait a LONG time for it if you don't.