wood overlay
I Have done a wood overlay before, quite time consuming but so is a carbon fiber overlay.
Basically after you have the water jet cut the panel you scuff/etch the panel we use the west systems epoxy and vacuum bag the panel to the overlay. I use a sheet of lexan with mold release for my true, smooth, flat surface. Smear a little epoxy on the face of the overlay, put this down on the lexan. Smear more epoxy on the mating surfaces, lay the cut aluminum panel on the overlay. Over the top of those two put a layer of peel ply over the panel, vacuum bag over everything, tap it to the lexan. Suck out air, let cure. Vola!
Now the work begins.
You have to cut the wood overlay out of every hole being sure to only cut & file towards the Aluminum so the wood does not splinter.