It's beautiful, and will look wonderful when it's complete. I never hand quilt, so can't be of any help to you on that score. Binding can be done on your sewing machine, but I would practice on a few small projects first.
Small project can be a fat quarter that is sandwiched and then machine quilted in squares on your sewing machine. Then find a tutorial for machine binding and give it a try. (There are several in the tutorials section of QB.)
When you're done with these small projects you'll have either place mats or doll quilts! Mind you, wrestling a king size quilt while binding will be a wee bit harder than binding a place mat, but the process is the same.