That was just for the one size. The unfolded binding strip.

Yikes....if it were for all sizes, maybe. But, I think I'll have to stick with the traditional way too.

I ordered this one: http://store01.prostores.com/servlet...-2-INCH/Detail (not affiliated). I demoed the Bernina one in the store, and this one works exactly the same, though it doesn't swing out, which hasn't seemed to make much of a difference for me, but it lacks a convience factor.

I cannot get perfect mitred corners. I find curves are still tricky too. But I've only used the thing twice. It is not a magic wand, and it will still take practice.

For me the $200+ of a single Bernina binder is just not worth it. The less than $40 I spent on this was a much better gamble!

I have a 430 and it fits it perfectly. I use my standard presser foot.

I do wonder about this. They accept fused bindings now, and those are often over stitched by machine, on appropriate quilts. I would imagine if they were done by machine they would need to be absolutely flawless.

I don't have a binding foot for my machine. I have been told by a good friend who has entered a number of quilt shows that binding must be hand sewn on a quilt if you are going to enter it or you will lose points.