The first time I used Aerosleeves, I wrapped the tube with peel ply and then taped it as Conway suggests. The sleeve compressed really well and all of the excess epoxy was absorbed by the peel ply. The tube turned out out really well except there were many places on the tube where wrinkles formed from the peel ply and tape. I haven't received my aeropoxy yet (hopefully today) so when I do I'll try the mylar technique on a smaller tube to see how it turns out, but I feel this should work really well.
When I've done Aerosleeve tubes (or hand lay-ups for that matter), I generally wrap with peel ply and then breather, then either vacuum bag it (big chance of wrinkles until you get the touch for doing the bag) or if the tube is less than 3" in diameter, I use heat shrink tubing and a heat gun and work my way from the center on out. If it's bigger than 3", I use heat shrink tape on top of the breather.
Warren