on the foam jigs you can remove the whole wax paper or just four little pieces around the circle. removing all the wax paper means you have to peel it ALL off later, so I decided just to remove the four little pieces around the circle.
placing them on the board -- (this is on a glassed, hotcoated, and gloss coated board)
Since I didn't want to spend another $60 on the official 4WFS jig - they said I could do it with a 2 1/8 hole saw. Just had to tape off at about 1 inch to make sure I didn't saw all the way through to the deck
i cut a small piece from an old plastic squeegee to reduce the length of the drill bit that would extend beyond the yellow hole saw itself to make sure that it didn't go through to the deck as well.... (in retrospect maybe I should have just bought the jig and router bit, etc...)