This is my second One Ring cake prototype. I'm much happier with it, although I will definitely only use white chocolate cake for the layers in the future. It is smaller than the previous in that the center hole is larger, although I removed less cake in beveling the edges.
For more information, I've a detailed explaination of how I did it on E2, just look up One Ring Cake.
Click on the thumbnail for a larger picture. Unfortunately, the pictures aren't as good as the previous cake's. I was in a rush as my guests had already arrived!
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Baking, splitting, filling.
Transferred to a board (hole optional) and outside beveled, top and bottom.
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Applying the rolled fondant.
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Some of the inscription. I ran out of time, so the gold layer isn't as even as I would like, I didn't have time to do the lettering on the inside of the ring, and I realized that my scale was off on the 2nd inscription. However, I was trying to perfect shape more than anything else, so I am pretty satisfied.
(Later) Got some more photos back. Here are a few more pics that are a bit clearer: