Pretty much it.
If you get it done right, you wont even be able to tell it's a wrap. So much cheaper than a full re-spray, protects the paint etc.
Again, only if it' done right.
if its not done well it looks a bag of ****
Good wrap
Bad Wrap
One looks like it should be a Sema (it was ) Other looks like its been rattle canned but is nato green wrapped
it not so much the wrapping its more how clever you are in the colours textures you use and correct prep