Thanks all for the feedback. I really appreciate your responses.
Cacophonix and zacster, thanks, your posts made feel less like a complete idiot! Like Zacster, I have had some success on patching the wider cracks by cutting additional veneer to size. The remaining seams are too narrow to fit. I might try a router with a straight bit to just take up the veneer along a straight line, which would then be wide enough to apply a patch.
Cristof, I am using titebond I. If I stick with this method, I guess I should pre-iron the pieces of veneer before trimming and taping them together. I have noticed this wood chips very easily on the edges. I think I need veneer softener, because even though a raw piece of veneer bent easily around the 5/8” roundover, the fully taped, glue-laden veneer sheet had a few cracks when I applied to the cabinet. The softener might also help with the chipping. I've seen the softener at Rockler's.
Sklsc, I like the idea of the stain pen, or even some oil-based paint to try and match the stain. I’m thinking that probably won’t be best though, because even with a perfect color match the lack of grain matching will highlight the filler. If that doesn’t work, I will try router a straight strip for a repair patch. If that fails I will build another cabinet.
Hank and sklsc, I knew raw would be harder than backed, but it’s so much less expensive – I paid $32 for 65 sq ft of figured sapele. I’d like to learn how to do this right, on the A/V-3’s, so when I build my OB-5’s they will look as good as I expect them to sound.
Hank, doesn’t HeatLock use a heated iron to activate the adhesive? Also, I have read that contact cement softens if the speaker is in direct sunlight. If that isn’t true, I think the contact cement would be better because the heat would not cause the shrinking I experienced with the iron on method. Any reason contact cement can’t be used with raw veneer? Also, can contact cement be used in conjunction with sealing the mdf edges with a water/pva mixture?