I have no clue who this "Russ" chump is, but he was probably doing this:
The final Digital Prototype:



The final Master Bases in both sizes:

A finished, but unpainted duplicate of a 32mm Master with my custom made SO Token:



A few footnotes for those lost to the PortMaw thread:
1) Some users said they did not like having painted and/or "obvious" arc marks on their bases, they liked the base black. Raising the heading arrow and arcs off the surface meant it was possible to paint the entire base black, but still see the marks
2) The steam hole excepts GW plastic stems. Matter of fact they snap in pretty nicely to the point that you don't need to glue them
3) The tray in the back is for custom SO Tokens (as canucks fan remembered). The SO tokens are quite easy to make: simply glue a 10mm square of chipboard or plasti-card to the bottom of a 12mm square of the same material. Then glue / paint a graphic of the SO on the top of the 12mm token. The functional element of the tray is that the edges of the token are raised off the surface of the base so it's easy to grasp and remove without to much hassle as long as the material is of adequate thickness.
3a) Another use of the Tray is to make a token that has the Ship ID or Name on it. I think Canucks suggested that. Really there are many creative uses once you've made a token that fits into it properly.
3b) The original inspiration of the tray idea was for the SO dice, but they are to large to fit into the circumference of a small
base so I favored the simple to make, miniature SO tokens.
Also, the thread I had over at PortMaw was extensive...I had many different digital designs that I posted prior to arriving at what I believe was the most elegant solution for the what I wanted to achieve. I have a lot of pics of the other stuff, but some are silly, others just not practical.
Russ