It was a bold experiment, and we had some success! I have posted the instructions in the Files area of the website, which you can get to by clicking Files under the Menu section on the left, or just go straight there. The file also has a link to a video making a similar bracelet, so that might be helpful.
ASM's Boutwell and Schmitt have created a new compass course at Foothills Park. Simply print out the Word document, gather your needed equipment, and go to Foothills Park any time to complete this course on your own. Turn in your completed course to ASM Schmitt for credit. This fulfills requirement #2 for the rank of First Class. But it's also fun!