I went a different route & got a decorative curtain rod with clips similar to this:
http://www.bedbathandbeyond.com/stor...e-brown/201583
If you have a Bed Bath & Beyond store, they come in several different finishes, styles, decorative finials etc. and they are always having sales & there's that 20% off coupon...
Anyway, I bound my quilt in the usual way, and got an extra set of clips so the weight was evenly distributed. Works great and I can change the quilt or launder it very easily.