Opening up a can of worms, here.
Figured I might as well model the other most notable modern-style ring along with the REBIRTH and Gleason’s V2: The tri-band style.
As far as I can tell (and more research is needed), this version began with the DC Direct toy and prop replicas. It was essentially the standard V2 as worn by Kyle Rayner at that time, but with a triple-band.
Later, when Ethan Van Sciver came aboard to drawn the REBIRTH miniseries, he was determined to keep the rings consistent from character to character as well as with the licensed products. So, he drew Kyle wearing the triple-band, basing it upon the DC Direct version. The other characters who traditionally wore V2 rings (such as Guy Gardner and Kilowog) now also wore this style (although other artists working on other books, such as Patrick Gleason in GREEN LANTERN CORPS, did not adhere to this consistency).
There’s a LOT of variance, here, even looking at just Van Sciver’s renditions. The design sometimes has a tapered band, sometimes a barrel. Sometimes the symbol-piece extends past the edges of the band, and sometimes it’s flush. Sometimes the symbol sits on top of the band, and other times it’s integrated (and occasionally with sloping sides which blend into the band, a la the V3). Usually, the design features the standard GL symbol, but sometimes it’s the REBIRTH version.
This is an odd design, to say the least, in that it started out as a V2 variant, but often appears almost like a V3 variant, with the symbol becoming smaller and more and more integrated into the band.
I’ve been playing around with the barrel-type version of the design, not unlike the replica offered by The Ring Foundry. Here are two examples, one with a flat band (and spaces between each section), and one with curvy, organic sections. I’m not even sure if this design would be comfortable/wearable, given that the band is a full 18mm long.