I use a combination of these methods and do not press. I cut my binding 2 1/2" wide, fold it it half lengthwise and pin it as I go one or two feet at a time stitching it on the back of the quilt. As I finish stitching one section of folded over and pinned binding, I fold some more and pin again until I get to the end of the quilt. I join the tails and then flip the already double layered stitched binding to the front and stitch it down with a straight or decorative stitch as the mood strikes me, mitering the corners as I come to them. I can bind a King sized quilt in an hour or so using this method and the binding is straight, flat, even, secure, long wearing and best of all easy and quick!