To add to this, last night, almost immediately after I posted this (about 1/2 hour) I was able to get another, extremely hard erection. I was blown away because this RARELY has happened to me in my life (perhaps 3-4 times). I tried the experiment and it was identical to the first time. This time I did some girth exercises (Slow Squash Jelqs & DLD Bends) and that made my girth almost explode. It was becoming so engorged that the wrap started to stretch...very strange but exciting. I also wrapped just below my glans and, starting at the base I squeezed my erection upward until my glans was going to explode, simply amazing.
When I finally decided to cum it was just as intense, powerful and lengthly. And still, during the session, I was able to control my orgasm and when I wanted to cum.
Obviously having sex with a [words=http://www.mattersofsize.com/forum/showthread.php?44-Ace-Strapped-Jims-Joint]ACE Bandage[/words] would be difficult but I am going to experiment with some other materials that may except a lubricant making intercourse possible. This may be an answer to premature ejaculation. The wrap may seem strange to your partner but the prolonged sex would be worth it.
Lastly, using the wrap made my penis close to 8" in girth. Of course this was due to the wrap but I'll tell you this, it was pretty fucking sexy griping my penis with that much thickness.
I guess I should rename this as an exercise(s). I will try to sort out the exercises possible with this and add to this thread.