Hi, it can be done, it's what we do.
We've been quiet and working for decades, it time to share a little.
You need to be careful what you are engraving - and if you are using a CNC to cut PCB's and Aluminum, make sure it is enclosed. The dust will, in time, literally kill you; a mask is not sufficient as the dust settles in your shop then gets kicked up later.
I caught some comments on learning to machine aluminum - and yes, it has quite the learning curve. I mean you can cut it on day one; but it takes time to build confidence that you are not going to break something and that the cuts will come out right. Also, We ended spending about 7 times what we paid for the machine on tooling and hold-downs etc.
On the engraving side look at what your powder coating is made of and make sure its safe to engrave. This is our standard "amp-has red" We used to silk screen everything, we are liking the results better. We machine our own faces out of oversized 6061 or ATP-5 aluminum. The ATP-5 is really nice stuff to work with if you can get it near you. A number of effects can be made while engraving, you can burn through, or not, use defocus techniques etc.... We liked the end result, as both of use here are former techs/backline guys; we like things a bit subtle. At some angles the engraving stands right out, others you can barely notice it, which makes people look even closer. We built 3 racks for 10 RCA BA-1, 2 and 11's for Stone Point Studio in the Charleston South Carolina area. Stone Point Studio is Mark Bryans (Hootie) new private studio in the area. Two racks are pictured here, and as you can see we were arguing about the color of the light bezel thingy and how we wanted it to be in our standard production stuff.
I need to find some pics of the internals we machined for these. We use non-marring mounts for the modules, and we machined our own tube power supply turret boards out of blue 1/4 or 3/8" thick garolite.
Still working on refining the laser technique - it get expensive burning through panels, lol - and as mentioned different color coating behave differently. Which is making me want to try two layers of powder coating next time. If I put a white or silver underneath, I may be able to just burn through the red, then when it hits the lighter colored layer, the laser will be less effective bouncing most of its light revealing the layer underneath better. Well we hope.
-Tony