I don't think that will give me what I want. The look that I want is like the machined pin strip on these rims:Buy machined Viper replicas and have the centers painted gloss black.
That would probably be the best bet. Seems like I saw someone on these site or one of the lxforum that had theirs done that way.Just an idea which may save you some coin...
I have gloss black FR Viper reps on my SRT and know how wide the lip is. You could go to your local sign guy and have him cut some vinyl rings to the exact width/radius of the lip. There are many types/finishes of vinyl but I would recommend brushed aluminum.