How co-incidental! There was a post just today on machine binding. I read it just before I was starting to bind a large quilt! All night I'd been trying to remember where I heard about doing it all by machine. Eureka!! Below is the post and I'm taking a lunch break after doing two sides! Read the part about the Eleanor Burns method!
With pins I don't think you'd need fusing, but your call on that.
http://www.quiltingboard.com/t-47714-1.htm