I'll take a shot at this since Carl and I occasionally do some building together. But I know that Carl (aka Dr. Glass) will read this, so Carl, ole buddy, if you want to change, correct or add to what I have to say, jump on in here.
Carl and I have been using 2oz. cloth for up through a lot of Level 2 rockets. SIG and several other hobby related companies make cloth in this weight. As Carl says in one of his posts, be certain to lay the cloth weave cross-grained for maximum strength, expecially on those Level 2 birds.
HOWEVER.... different size birds may require heavier weight cloth. Like the time......
At an HPR launch back in March, Carl volunteered (he's a glutton for punishment) to help one of our friends repair some damage to a Level 3 bird. On Saturday, we loaded the bird, a 13 foot long 7 inch diameter M powered bird, on a pad that was just a bit too small for it. It was a major windy day, and....... yep, the wind blew the rocket and launch pad over. This managed to separate the launch lugs from the rocket.
And, as luck would have it, we had brought lots of epoxy, but *no* fiberglass cloth. So, going back to my old high school drag racing car fixing up days, I told Jim (owner of the rocket) to go to a local WalMart and get some car body repair fiberglass cloth. Jim got the cloth, which is probably 4 oz or even 6 oz cloth, and Carl fiberglassed the launch lugs back on in Jim's hotel room that night.
Carl glued the lugs to the body tube, then cut strips of fiberglass cloth and wrapped them around the lugs and around the body tube. If I remember correctly, I think he also repaired a crack in the body tube and maybe did some nose cone repair. Dr. Glass is truly a wizard with the stuff.
On Sunday, after having located and set up a much heavier duty launch pad, we prepped the rocket (again), loaded it on the pad, and had a very successful launch. LUV those L3 M powered birds.
Soooooo.... most birds up through Level 2 the 2oz cloth will probably suffice. When you get to Level 3 birds, I think I would go to 4 oz cloth.
How about it, Dr. Glass, what say you?