Make it widdddde. I'd say have it look more like a rowboat than a canoe. Problems I could forsee:
thing getting soggy and falling apart, LOTS of duct tape inside and out.
Structural rigidity/being able to withstand you 2 inside. This is important. Make sure that where your bum bum goes and where your feet go there is a lot of reinforcment. Gotta make it strong enough that if 1 of you leans to 1 side it wont collapse. Take pics of your finished boat! I wish i got to do this in class
Buy CHEAP duct tape. That stuff is expensive, getting some 4 dollar a roll stuff is gonna put you in the poor house.
Oh, you could always cheat? That'd be cool.
