Ben, here is one link
http://classicbroncos.com/forums/showthread.php?t=104580&page=2&highlight=steel+flare
I've attached some pictures of how I built my flares. I can't call this a step by step guide since the pictures do all the talking. I don't have the bronco painted so I have no before/after photos.
I cut the flares out of the old fenders, leaving a border that you can see in the photos. I laid the cutouts over the front fender, (think of how coffee filters are all stacked inside one another). Then I measured down from the body line of the front fender and drew a horizontal reference line to use to align them on the rear. I also found center using the front axle as my reference. I then aligned them onto the rear fenders, measuring down from the rear body line. (I used a sting line from front to rear of the vehicle since a string is straighter than a body line). I taped them to the rear and checked all my measurements, and finally drew a cut line on the original rear fender. The first one took quite awhile, the second was fairly quick. Take care to keep the fender straight from front to rear in the area just over the wheel, and between the flare and the upper body line. Once you cut the factory flare away it will flex and you will need to keep it straight during reassembly.
I did not cut out and reverse the flare (IE: left front to right rear, etc) The shape of the flare was not identical and I wanted mine to replicate the front. I did have to fabricate a filler for the front of the fender