Well Thank you all,
I am learning all sorts of new words here !

Chamfer bit, straight bit, etc.
I google these and got plenty of ideas!
I think I want to do a straight cut on the edges that will be the 90 degree with the router then a second 'pass' with a 1/8" "chamfer" bit.
For the barrel shape I am thinking of making a template with 1/4" plywood and clamp that on the "butcher top" piece of wood that will become the baffle. And run the router against that template. I learned that it may be necessary to make multiple shallow passes or do a ruff cut with a skill saw or circular saw and just clean-up the cut with the router. Now I understand what you meant Chris!
Excellent point about making the recess before cutting the actual whole for the driver otherwise there would be no material to slide the router on, ...just a whole!
Then the angle around the front of the whole would be a bevel bit.
I am not sure how I do the bevel while leaving enough material to screw the driver from behind, so more research needed here.
I found this to cut the negative angle:
https://www.toolstoday.com/v-9445-47144.html?ne_ppc_id=15153909030But I do not understand where that bearing 'sits' as I am cutting that angle unless I clamp a piece of sacrificial wood under the piece used for the baffle.
I do like the idea of using the circular saw, I do not know why I did not think of that, maybe because I am excited with my new router toy.
Yes, I think it is going to be a fun project.
And Yes, I definitely intend to make a first attempt with a piece of cheap ply.
Cheers,
a.