Does anyone have any tips for working with this stuff? Just got my first batch of this stuff (1/8 inch) and I'm worried about wasting a lot of it and getting it to lay properly on the back of the fly.

I've heard folks talking about "tapering" the end you tie in and such, but the illustrations I've seen have been less than helpful, and what I've been able to discern, this method has you basically throwing two flies worth of the stuff away for every fly you tie.

As always, any advice would be greatly appreciated!