If I understand what you're saying, you want to recess the black area shown in your drawings, instead of making it stand forward by ¾". I don't think I've ever seen a speaker with that, and I couldn't predict how that might change the sound. My first instinct is to say don't change the flush mounted the drivers.
But you could easily make the front baffle full length, or with the shorter black section (but not recessed) as shown.
I've never made hardwood round overs on veneered MDF front baffles, but I have seen how one shop did do it:
- First veneer the MDF sheets for the front baffles. Magnets are recessed into the MDF beneath the veneer.
- Then glue on hardwood strips (roughly 1×1) to all 4 edges, with mitered corners.
- Flush trim the hardwood edges even with the baffle's surfaces.
- Cut out holes and recesses for drivers.
- Round over the hardwood edges.
- Glue these front baffles onto the cabinets and flush trim again if needed.
I hope that's clear. I'll search for photos of that.