Cheryl Phillips' method in her book, "The Rings That Bind" is a good reference to make a faux Wedding Ring quilt. You sew strips together and then use her template to cut out the ring. It saves a lot of piecing and still has a similar appearance - you may enjoy it.
http://www.kayewoodtv.com/ktv/?dlink..._That_Bind.flv
http://www.phillipsfiberart.com/video_gallery/