I was finally able to experiment cutting the metal silk a couple weeks ago. It was very satisfying and I have determined the correct laser settings, but I learned that I cannot make a completely clean cut through the fabric to pass it off well enough.
The fray (at right) is too much! I have decided that simply etching the fabric with the laser-cut pattern is the way to go for an equally impressive fabric design as seen at left.
Once I have every yard of the metal silk I need for the entire project, I will cut it into the 24x36 inch panels and have about 10 goes with the laser cutter. Stay tuned!