Best and easiest binding technique out there! Creating this pocket at the beginning means you don't have to be so precise in the length of the binding at the end. Tuck the end in the pocket, sew it down, and once it's folded over and hand sewn to the back, you can hardly tell where it joins!
The big secret: Great quilts are so much more about VALUE than about COLOR. Great tips for getting good value contrast on your fabric pairings -- Exuberant Color: A Lesson on Value. Go play in your stash, before you are even thinking about your next quilt!