I built and open-backed 2x12 a while ago, and when i get the money to get the speakers, will be building a 4x12, as i've still got most of the timber.
The electronics are really really easy, just need two 1/4" jack sockets, some heavy-ish gauge wire, and the speakers.
I wired mine to have mono-stereo option, without a switch, so if you plug the amp into the left side, it'll be mono and run both speakers together (8ohms), but then if you plug into the right side as well, they'll split and become 16ohms each side. I can draw you a diagram if you need it, as it isn't the 'natural' way to wire it up.
Building the cab is great fun- be sure to post some pictures :)
My 'top tip' for building the cab, would be: Rear-mount the speakers (unlike what i did), it'll be much easier, and you won't have to worry if the hole in the baffle isn't quite right, but if you front-mount them, then you have to make sure the speaker fits in properly, and it much more of a pain in the arse!
One of mine:
