Nice flyer, although it makes me feel even dumber for not installing flaps when I had the wings apart.
signofinfinity, different coverings require different heat levels and techniques. Ultra Cote is by far the easiest to use and has the best conforming and bonding properties of any I've used.
The key is to tape the edges first to get rid of wrinkles and then bond those with low heat, working slowly while holding tension to form around contours such as wingtips. Once ALL the edges are done go back with a heat gun on the higher setting. You will be shocked at first as it actually expands, softens and looks like a wet bed sheet.......right up until it sets drum taught.
Unsealed wood surfaces such as balsa will breathe enough to let gasses from heating the adhesive to escape. Still, follow along with a towel to ensure good bonding until it cools.
With the normal overlap you should not have a problem with bubbles as they can exit at the edges. If a heavier overlap is required, such as the 77 decal on the left wing, a multi-roll poker is a good investment.