Long story short, the second ring was just way too small. It looks pretty good though. I have since these pictures smoothed out the edges a little bit.
Seeing as my personality won't let me live with something I don't like, I looked on Ebay and found another 1938 ring.
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That arrived at my place on 8-29-09. In four hours on Saturday, I pounded, drilled and shaped it into this. FOUR hours start to finish. Pretty dang good.
Here are the three rings I have made thus far. The first ring (on the left) was a little too big, the second (on the right) was too small and the third fits just right and has the most words visible. I only have a little left to do on it, but it will probably have to wait until I get back from vacation. On that vacation I will see my parents and see if they want the first two rings. I'll keep the third.