I like simple and here is how I do it. I cut the binding 2 1/2 and iron only the diagonal joins. I fold it over and sew it to the back about 1/4 inch. I turn over the quilt and sew it to the front using a serpentine stitch my Janome has. I aim to have the left bite just a tad bit over the binding onto the quilt.
I am not a show quilter and the majority of my quilts go to charity. I want a very sturdy quilt that will hold up to numerous washing. Quilts For Kids requires the binding to me all machine sewn. That is what made me learn this technique. It was so fast and easy.
I won Best Of Show in my guild show---viewers choice only no judges----and used this technique. That is my avatar picture. If I did a real show quilt---I would do the traditional binding with the hand sewing on the back.