I've developed a technique I like to use for the binding that I think you'll enjoy. I'm not laying claim that it's the proper or "right" way it should be done I'm just saying that it's the way I've discovered I like to do it. I've been using the coverstitch machine however you can get by just fine utilizing a standard zigzag machine as well.
The step by step instructions are on this hour long video:

This has been *so* helpful. I've been trying to figure out how to approach binding a knit fabric, and here's a great method. Thanks!
Birdsong Designs
July 17, 2011 at 4:11 PMI will definitely be making this - thank you! It's a really flattering syle for both men and women and really comfortable to wear.
Carol
July 17, 2011 at 6:19 PMOK, so I should be upstairs cutting out a pattern but I sat and watched the WHOLE video. lol
It's interesting to see how you do things differently than me.
Thanks for taking the time to put this together. I know it took a lot longer than the hour of video.
Debbie Cook
July 17, 2011 at 6:43 PMThanks for taking so much time to make this video. I have never used my coverstitch machine for binding. I've been too intimidated since I don't have a binding attachment. You showed me that I don't need one. I can't wait to try your technique. I've really enjoyed all of your videos. You are a very generous sewer.
BeckyW
July 18, 2011 at 10:16 PMGreat video. It is real cool to see how others do something. I do pretty much the same thing for binding, but first attach it with the serger instead of the straight stitch. It does make the coverstitch so easy. attaching the binding first, without having to have a crazy attachment for the machine. Sewing around the edge twice seems like more work, but not having to measure as you fold the binding, knowing you will have an even edge is worth it.
Thanks
Kraig
July 19, 2011 at 6:28 AMHI Brian, thanks for the video. I noticed you have the same cutting table as I do. I had my husband get some plastic plumbing tubes from the hardware store and he cut them about 12 to 15" and then slipped them on the feet of the table. This raises the table and saves the back when cutting, but can be easily taken off when not needed. I love looking at your blog, it's always informative.
AnniinBC
July 19, 2011 at 11:58 AMThat is a dang fine tank top. It was definitely worth it to make so many to come up with the perfect one!
Thank you so much for the video and keeping us posted on your process along the way on this. I know I learned a lot from it. Excellent!
Sarah Martin
August 4, 2011 at 7:10 PMThank you for the great video and for using material with a contrasting thread. The contrasting thread really helped. I'll be using the binding technique you demonstrated. The video and shirt were excellent.
Kim
August 5, 2011 at 6:26 PMThank You for useful videos. It is informative and easy understandable!
HobbyPlace
October 31, 2011 at 5:10 PMI don't know where my comment went to...but I was trying to bring to your attention Patrick Patterson's Youtube videos. His Youtube name is CuttingUpWithPatrick. Not too sure about the caps but check them out when you get the chance.
gema
November 18, 2011 at 5:28 PMyour site is hard to get out of! so much to see and read. Intelligent, humorous and respectful - I'm always inspired. Your mom must be really proud of you!
Kathee
November 19, 2011 at 1:28 PMWhat a great video. I now know how to sew seam bindings! I like how you pull the threads when you finish serging to finish it off -- great tip.
Thanks.
Sewjourner
Sewjourner
December 12, 2011 at 4:14 PMThis is GREAT!! you helped me out A LOT!! especially with the trimming. I've tried your technique with taking vintage t-shirts and making them into tank tops and it worked. I love your blog and video tutorials great. I have told a few of my friends and will link to from blog WWW.OMGCOCO.COM . Keep up the EXCELLENT WORK!!
OMG COCO
January 22, 2012 at 10:16 PMI have nominated you for the Versatile Blogger Award! You can copy and paste the icon from my blog. There are rules of acceptance. I love your blog!
SewBarbie
March 10, 2012 at 4:02 PMDUDE! WHERE ARE YOU?
lorrwill
June 25, 2012 at 1:55 AMHey great video! I often avoid topstitched bindings since I don't have a coverlock machine. I usually serge my binding strips on in one go. It was really great to see a video of a coverlock in use.
I'm excited about trying your pattern out, but unfortunately I can't get it to open. What type of file is that? I have a mac mini but no fancy (pricey) programs on it.
Grace
November 10, 2012 at 4:41 PM