RE: COVERING & PAINT!!!
There are numerous threads that discuss the fabric and dope process, I would do a search and see what you come up with. The process requires more work than the shrink wrap stuff but is far superior IMO. I prefer attaching the fabric with dope and filling the weave with PolyCrylic. Some guys prefer using Stix-It to attach the fabric. Do a search of the different forms here and I am sure you will get the answers you are looking for.
Anthony