First, I doubt that what you purchased is exactly the same material as Herbie's Big Fat Black Dots. I have them and they are somewhat stiffer than most sorbothane I've felt.
However, being a DYI tweaker myself I'd suggest you find a supplier of leather-working tools like Tandy. They carry hole punches for belts and leather projects and may well carry larger diameter hole cutters.
I just did a search and although most of their punches are small diameter you could use a strap end punch to cut half of the circle at a time. Here's a link:
http://www.tandyleatherfactory.com/products.asp?DEPT=206&Page=3
However, being a DYI tweaker myself I'd suggest you find a supplier of leather-working tools like Tandy. They carry hole punches for belts and leather projects and may well carry larger diameter hole cutters.
I just did a search and although most of their punches are small diameter you could use a strap end punch to cut half of the circle at a time. Here's a link:
http://www.tandyleatherfactory.com/products.asp?DEPT=206&Page=3

