I second the flange binding method, once I tried it I have never gone back It takes longer to make the binding, but once it's made it goes on lightning fast, but it is a little bit wider than traditional binding and will cut off any points. Now I always add at least a small border to all of my quilts so I don't have to worry about it.
The last time I had to use a traditional binding I did a double fold straight-cut binding, attached by machine to the back, and I used one of my decorative stitches in a complimentary thread to attach the binding to the front. I will use it again, but I need to experiment with it more. The stitch I used had flowers and loops on it, and the binding ruffled a little after being washed for the first time, since the stitching along the edge wasn't consistent.