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Yes bulky way of wrapping. I Like thin tape and thin looking handlebars and also have flat transition to the levers. Not great with a bulge under the tape on the lever base imo esp if level transition. Works ok to do 8 with thin tape not with thicker tape. I dont ever do a figure 8 tho it is easier and faster than trying to match the wrapping to the correct bend and hit the extra piece under the tape correctly.
Just came across this video following the #bartapewars tag on Insta
https://www.instagram.com/p/COiZq8XnmPG/
Never done the figure of 8 wrap before, but will give it a go next time. Looks like it could be a bit bulky on the drops under the hoods?