Thanks Felix,  after some more tinkering, I came up with this, which seems about on par with late FS98 or FS2k.  
There's an interesting thing I don't really understand though.  I figured out how to make a transparent texture, but I had to apply it to the areas I had intended to be opaque.  Once I did that, the rest of the canopy became transparent.  Why would that happen?
Also, am I right in assuming I'll need to split the front and back pieces off?
