I totally agree with Ann31039. Cheryl's method is so simple, and you can also piece the rings in the old fashioned way if you prefer it. Also each block is quilted-as-you-go so no problems with sending it to a LAer.
http://www.youtube.com/watch?v=yfifwcg8IJ4
Im just starting one also, but will use 14" blocks, so the 'Rings that Bind' template won't be much use to me. Hopefully I can figure it out