Take a look at these Sharon chamber tutorials on binding using Elmer's School Glue. The one on mitering corners really helped me. Don't let the glue scare you. Try a mini quilt so that you can get the hang of it. You don't have to have the special tip. You partially open the regular bottle tip.
http://www.youtube.com/watch?v=4PE0Yq9iGlc
http://www.youtube.com/watch?v=u3vHI7rgZpw
http://www.youtube.com/watch?v=W--xgi4nux8