Here are some quick pics I took with my phone.
I prefer this method over a true gallery wrap. My reasoning is that the image that is mirrored over the side just doesn't look professional. First, the edge never lines up with the edge of the picture, so on the side you always have part of the picture and then the awkward looking mirrored part. If you just wrap the image around then this would be fine, but when you take a picture, you rarely frame it up so that you have so much room around your subject to take into account two inches all around for the canvas. And as I mentioned up above, this method is simply more durable. For the record, I prefer Bill T.'s technique way more, mounting canvas to something hard and popping it into a frame. But this is ultra expensive as it is impossible for me to get local made frames for cheap. I am making my own stretcher bars for less than $5... (basically just made using a router and some 1x2's). If I price in a frame, there goes my profit margin and there go the sales.
(Edit. Don't mind the overlap of the black tape. This little canvas was just made as a sample and hence I wasn't as careful to line up the end of the tape over the beginning. I also do this in the top left corner as I figure the picture on the wall would be at a height that would make you not be able to see the top edge. Also, you should get a good idea about the shine I get from the 80% matte and 20% gloss mixture that I get.)