As far as iron on material, I think the best is definitely ultracote. I've done ultracote (oracover) and monocote both. Monocote has more colors, but is really a two person job--at least at my present skill level. One to pull and one to iron. Otherwise, you'll have wrinkles out the wazoo--especially around the curves. Ultracote, on the other hand, is EASY to work with. I've covered an entire plane without help using ultracote. I know there are lots of people out there that can cover planes by themselves with monocote--I'm simply saying that at my present skill level (includes three kit builds, and one complete arf re-covering job, and of course, miscelaneous other covering chores), I cannot do an entire plane by myself. With your present skill level (no experience), then you'd have a hard time using monocote, IMO, by yourself. Sure, you'd get it covered, but it might look like crap, with wrinkles all over the place, and uneven seams, just probably woulddn't look good. Ultracote will make you look like a pro.

OK, enough before I start sounding like the CEO of Horizon.