Its gonna be hard to make it look good. You will probably end up with creases and bubbles and shit in it.
Also keep in mind that that stuff gets dirty pretty easily.
An easy way of making it look decent would be to put a layer of thin foam underneath...that's the way its done in the LTD. I have to admit though that it looks shitloads better than the plastic stuff.
Here's what it looks like in the LTD: