RE: Heat gun doing more harm than good. Need help/suggestions.
Just a follow up to answer some of the topics/questions brought up.
1. Yes, the seams were pulling apart. I think what was happening was the force of the wind blast was pushing down on the covering, and as a result the seam split apart.
2. The iron (with a sock) on high heat did the trick. I covered the entire side with the base color (transparent red) and when I applied the HOT iron, is shrunk like a charm. I merely moved the iron from tail to nose slowly, and it it's wake the loose coating tightened right up. Tightening took less then 1 minute per side.
Now, onto the top, and then decals. But that's another topic.