Corner radius to inset Neutrik XLR

Believe me, it's from personal experience. How would you like to fab expensive pcbs according to
the data sheet specs, only to find out that the actual part (fresh from the distributor) does not fit
the board? The actual leads were too thick to fit the holes.
 
If your panel is thin, you can rear mount the XLR socket, just drilling a hole to accommodate the round flange of the housing.
This makes the whole connector flush except for the latch.
This looks very neat and also avoids feeding wires through the front panel, for service, the front panel can be removed without disconnecting wires.
As you are presumably milling a thicker panel, you can router the back instead. Then precise match of the rectangular socket doesn't matter.