I do some of each. My favorite is to do a faux piped binding. I use 1.5 inches of the binding and 1.75 inches of the piping, sew them together, press open, press in half and stitch to the back of the quilt. When you pull it around to the front, it makes a piping and you stitch in the ditch between the 2 colors. Works like a charm.
I've also been experimenting with the blind hem foot and am not as proficient with that yet as I'd like to be. When I stitch down by machine, I much prefer to see the binding I'm trying to stitch down.