I've been using foamcore for centering rings. Works great. I've used it in rockets up to E power so far with no melting issues. One problem I did have was cutting a perfectly round hole exactly the right size with sides perpendicular to the surface all the way through. Solution: cut the hole slightly under size, then wrap some course sandpaper around an engine casing one size smaller than the intended engine mount. Sand the hole to the proper size and shape, checking frequently with your motor mount tube for the proper fit. Similarly, to get the O.D. perfectly round and the proper size, cut it slightly oversize, then tape some course sandpaper to the inside of a body tube the next size up. Sand and test fit repeatedly until you get a good fit. BTW, I recommend wood glue for the bonds between CR and MMT and CR and BT.