I have thread basted the last 3 quilts that I have made using Sharon Schamber's technique.
I was skeptical at first, I thought it would take too long and I didn't want to deal with the base boards. But I decided to give it a try on a wallhanging. I bought a couple of base boards, which I covered with muslin to protect the quilt. And I went on a search for tatting thread (found at JoAnn's).
I made sure the backing and front of the quilt were well pressed, rolled the front and back of the quilt on the boards and started out thread basting.The boards keep the fabric in place as you are basting using a herringbone stitch. I found that it didn't take any longer than pin basting, and it was much more comfortable sitting at a table to baste.
I also found that it was very relaxing to sit and baste while listening to good music. My quilts were also well secured and I didn't get puckers or tucks on the backing while machine quilting.
If your are interested there is a free tutorial on Sharon Schambers webstite.
Here are a few pictures of Janet's baby quilt that I completed using this basting technique.