It does look cool! Could make it a bit difficult to find it if it does ever go down. I did a few distance runs this summer and had to trudge a few fields to locate my bird (I've got trackers installed). Bright colors make it a bit easier to see. But, it does look cool! Have fun and be safe!
Just peel and stick. I had no bubbles or wrinkles appear with mine at all. Weather has been cold and wet so haven't flown much since I put it on, but seems very snug and secure.