I cracked my first canopy (tip-up) with only 4 screw holes to go, so on the second canopy I got real A... ah picky. For all edge finishing, I started with 80 grit, and progressively used finer and finer grits, finishing with 2000 grit. In effect, I polished the edges. The end result was an edge finish that I allowed me look from the top edge of the tip-up, through the edge cut and see my fingers at the very front edge of the plexi. I'm not talk'n looking through the glass as if you were looking outside and seeing something inside, I'm talking about looking into the edge and seeing objects on the far side of the canopy, at the edge thickness. Kind of like a fiber optic bore scope.
Once the bulk of the edge roughness was removed with the 80 grit, I used the canopy-scraper-bevel-tool from Avery (I believe it was Avery). This rounded the edges nicely and uniformly and prepaired the edges for the finer grit sanding. Start to finish took about 4 hours.