Long story short as I spent weeks considering this. My LBS called in a guy who does this professionally on cars. We bought the kit that was specifically manufactured for my exact model. I bobbed in one afternoon and was shown the progress. The frame was completed but the forks not started as the LBS had found damage on the forks. This proved to be a Godsend.
When I looked at the frame I was very disappointed to see the number of cut edges. Each a potential site for water ingress and peeling. I say a Godsend as Cervelo are replacing both frame and forks. The replacement frame will not be wrapped.
Another member made the very good point some wrapped cars look great from a distance but don't stand up to close inspection.
My main concern, and question for yourself, is how will I feel if it peels and looks crappy in five years time.