Great fun............ I had a go at this myself, in our old house. The roof had leaked over the bay windows, and caused a whole section of cornice to be damaged. There had also been bomb damage during the war where sections of the ceiling and cornice had dropped.
It had originally been run in situ, with I believe a lime putty and plaster of Paris mix , with the corner joints done with ruling-knives. I, however, ran the elements on a bench just as you have done. I used wooden laths and hessian scrim to reinforce the back of the moulding. And the profile was cut from zinc sheet.
I had to cast missing sections of a delicate filigree that ran around the ceiling rose as well. Each little finger of this was reinforced with a match stick sections of wood. I left all the paraphernalia I put together to do this for the new owners . when we moved house.