This is more of a tip than it is a vinyl tutorial and it's a pretty easy one. I've been making some painted wood plaques and instead of stenciling the names and personalization on, I've actually been using vinyl.
I like how crisp and professional looking it looks. If you're going for a more rustic look, vinyl's not going to do it so get your paint and sand paper out...but in those cases when you want fresh and crisp this is a really easy way to get the look.