I was just searching everyone's blogs and just saw this tip from Ankas Treasures. You have to check it out by clicking here. There are no goofy angles to figure out. It is so simple. She calls it her continuous binding technique.
Here is a little peak, but for full instructions I would check out her blog.
And her finished product looks like this. You can't even see the seam, but it is there in the middle. Amazing.