First of all, WigglyWoods, welcome to TQS!!! Also be sure to check the Member Blogs and Forum to learn more about our friendly community!
And about starting the BOM late? ABSOLUTELY!!
I dont' know how much time you have to devote to sewing, or how advanced your quilting skills are, but this project is well worth catching up, and if you order the kit you will know that you have enough fabric. You will be able to download the monthly instructions as they become available, and even if you don't finish by the end of the year, you will have what you need to get it done when you can!
Besides all of the information on the site, you may also find some of my tutorials helpful. I offer some alternative ways to do some of the monthly processes because there is always a different method to try until you find something that works for you.
Here is the first one. These are always available on my Webshots albums and you can get to them at any time by just clicking on my profile photo anywhere that you see it on the site, or just do a search for "Margo".
Again, welcome from across the pond!
http://good-times.webshots.com/album/569453221xrxRqK