I was just going to jump in here to second dapperdan on this. If you are cutting lexan or acrylic, use a saw. You can work with both using standard wood tools; just test your cutting speed first; too fast or too slow through the material and you will cause melting. Scoring and snapping only works if you have the correct kind of scoring tool. Scoring with a handheld knife and straightedge -- that is very hard to get right!
As for material, Lexan is about 10x as strong as acrylic but scratches more easily. It's probably a tradeoff in a pachinko, but if you are covering graphics use acrylic. I'd tend towards acrylic on the playfield too since balls seldom strike it, and when they do you don't want scratches.
If you go with glass, though, you really ought to get it tempered. It adds to the cost (with glass in this sizes it could even double it) but tempered glass is going to get you the best of both worlds. It's very durable, and if you ever happen to break it, it's much safer. Using glass also gives you some interesting options for anti-glare coatings, custom etching, etc that all could be used to enhance a machine's apperance. I use tempered 1/4" glass exclusively on arcade cabinets that I build or restore. I would never even consider anything else.