I've built several strips myself with all kinds of different equipment, depending on what was available. Everything from brand new maintainer to worn out maintainer to skid loader to big, articulating wheel loader to bulldozer to a makeshift drag pulled behind a pickup. I've used a transit to shoot my line and I've used the good ol' eyeball and flagging tape, too.
However, in all instances, the less I disturbed the natural soil compaction, the better off I was (especially if it's sandy). Getting the brush cleared is sometimes the hardest part to get done without making big holes. If it's pretty level (as you noted) and if you can clear the vegetetion without tearing up the ground too much, then just knock down the high spots and fill the low spots. It should turn out fine, that is for a light plane. If you use a dozer, you probably want to finish it with some sort of drag to erase the "cat tracks". And then pray for a nice rain to settle it all in.
Just had a thought. The whole previous paragraph may be voided if you are planning to top it with a road base material....except the praying for rain part.
And ditto Rob. Definitely requires beer for a successful outcome.
Don't know if that really helps you out any, but just a quick snapshot of my experiences. I'd be glad to answer any questions that come up. But remember, my advice may be worth exactly what it costs.
