This is certainly a fun way to spend time and money, but you'll save a lot of both by paying Todd's Canopies to do it for you.
I figured I could try this method since I was building an off-size canopy. The MDF for the forms cost around $80 (the first set wasn't right), the plunge bit for the router another $18. The two gas burners (and the extra one to replace the one that caught on fire) were another $25 each. Then the propane tank, hose attachments, etc... at least $50. Probably $100 to build the 4'x8'x4' oven, out of wood & insulation foam. $20 for the oven thermometers to track temps... So that's only about $350 so far, now for the expensive stuff...
I bought two sheets of 1/8" plexiglass, figured I'd learn on the cheap stuff, then move up to 3/16". Layed the plexiglass over the MDF form, layed the other MDF sheet on-top, bolted it down onto the oven, fired up the burners. About 20 minutes in, the sheet cracked where the bolts held it down. (Plexiglass expands a lot as it heats to 275 degrees. You need some type of "floating" clamp system".
About $50 more in clamping attachments later, I tried again. This time I got a good bubble, but as the bubble got to about 18" in depth, the air would escape. I'd have to re-clamp the whole thing together, try again... Did this several times before un-even temps in the oven caused distortions in the bubble shape.
I'd sunk more than $500 in this venture and was pretty sure it would take another 5 or six tries to get it right, at $50 a pop for the plexiglass, and who knows how much more to upgrade the oven.
Called Todd's Canopies and he quoted me $425 for exactly what I wanted, plus shipping. Wish I'd done that from the start.
BTW -- he's spent years perfecting the technique. He rebuilt his oven to accomodate the size of my canopy request. Uses quartz heat lamps the works.
I usually encourage people to try it themselves, but in this case, don't waste your time and money -- get it done right.