That kit is a decent deal, and it's something to consider seriously. It's not cheap, and it takes a lot of trouble but it probably takes less trouble (and expertise!) than Rudi's method. Now that I have leather on the handlebars of one of my bikes, I see that leather can be worth the considerable investment. It's more comfortable than anything else, and it might last long enough to justify the cost and expense. Everything other than leather really lasts a short time. Honestly, the second-most durable covering is plain Vinyl, such as Benotto or (gulp) Hunt-Wilde.