I've never been a huge fan of wraps. If you shoot a lot, then you should be prepared to replace them often.
I built a crester, and while I don't fool with it much, I made up a dozen FMJs last year, as well as some aluminums I shoot off the back up bow and recurve. Just tonight actually I was working on some Gold Tip XTs for a friend of mine, and I decided to jazz up my 2008 hunting arrow, which is going to be an Easton St Axis 340 (since I got a dozen for like $20.... you'd shoot them too!).
Here is a picture of the FMJs I did last year.... I went with three white blazers.
Here is one of the 2213 aluminums ready to roll, plus one of the prototypes for the final FMJs.