You can lay the quilt top out on a bed (easier than a design wall, in my opinion) and audtition a 1/4 inch strip and see what you think. If you like the 1/4 inch strip, then go ahead and sew the 1/2 inch (or more, if you are not comfortable with that) filler strip on. then, when you add the borders, use that seam line as a 1/4 inch guide, not the edge of the fabric like you usually do. This will make the 1/4 inch seem straighter.
I did this a couple of times on the 2010 BOM, and liked what I saw. It is in my photos, the one with me standing next to it.