i use 2 1/2" double fold binding, machine stitch it to the top, fold over to the back and hand stitch it down...easy
i have in a pinch machine stitched the back but i always hate how it comes out...in my mind it seems like i just put all kinds of loving work into making a beautiful quilt then ruined it with (cheap) looking shoddy binding...so i go back to doing it the old traditional way. i know some people do not hand stitch anything...and somehow make those machine bindings look passable but i guess i just don't like the look---there are some good tutorials on bindings.
you might want to make a potholder or something small and do a practice binding before doing the larger quilt...just to see how it goes and make sure you like the look--it really sucks to go through all the work to get it done and hate it!