Dave,
Actually, I did the bottom outside panel first to get a feel for how it would go onto the old dope that was still on the LE & TE. When that worked well, I just proceeded to cover. I did wrap the edges and seal them onto each other. After the basic covering was on all panels, I used a heat gun to shrink it tight and smooth. MonoKote is very easy to shrink tight with the heat gun, some other materials don't like the heat gun and don't tighten well with it. This was just good luck that the LHS had MonoKote as I am still unpacking from the move and my model supplies are still in boxes in the garage.
Mistakes: I made a few, starting with I should have looked at the video before I cut the panels. Although I had enough to cover the wing panels I should have cut them an inch or two larger, would have been easier to position. Some spots would have been easier if I had a trim iron, but mine is still packed some place in the garage. Also, should have had a #11 x acto but made do with a single edge razor blade. All in all it is very neat job and with a little trim work later will do just fine to get back in the air.
I have a photo of the finished ship but my phone needs to back it up so I can paste it here.
Best, DennisT