Regarding drilling into resin, I did some pilot holes with a hand drill (pin drill) first, then with the Dremel. Worked fine. Just do a couple of holes at a time, then clean the bit, then repeat. Cleaning the bit just needs to stop the drill, quick swipe with a dry paper towel, and ready to go again. Try to keep from getting any in your eyes or breathing it, but I didn't have any trouble with either.
The Algerian looks really cool, but I am concerned about legibility as well. One thought I have is to print the decal bold and large, then fill in with some gold brush work.