Like most of the others, I press my binding, sew the raw edge to the front, then hand stitch the back.
A great tip I saw on Fons & Porter's show... As you're ironing your binding strip, wrap it around an empty spool of thread, then as you sew it on have your spool on a spool holder (I set mine in front of my machine, to the right so it's out of the way) so it rolls off the spool holder as you need it. You never have to worry about a wad of binding falling on the floor or sitting in your lap. This is especially helpful when you're finishing a large quilt & have what seems like a mile of binding.