jemsister - can't wait to see a picture! Everyone has a first quilt and some are better than others. Putting my first quilt in the 'others' category, by the way. LOL.
Can't help with the walking foot dilemma as I have never used one (and didn't get one with my machine either).
Binding is my nemesis! Cluckclucksew.com has a great general binding tutorial including how to fold those corners for that sharp edge. Google 'inklings and yarns quilt binding tutorial' for joining the edges to finish your quilt. Both of these tutorials helped me more than any when I was first getting started.
Welcome to the board!