You can do a selection that goes over 360 on your part starting from a open or closed profile, you can do way more than 360, you just have to edit the toolpath before you select the wrap setting.
If you select a toolpath then select the wrap and the toolpath needs adjusted you will have problems if you have wrap selected then go to set the toolpath you are going to have a hard time getting a good toolpath.
You select a toolpath do any editing the toolpath needs then once the toolpath is good you select the wrap setting not before if it need more editing you turn wrap off.
The reasion I make something a solid is quite often you have a hard time selecting a toolpath, picking a toolpath from a solid is most times way easier than not.
If there are a lot of sort sections to pick a toolpath from it is a lot harder to do.
Also when you make a model for wrap the corners need to be the same diameter as the tool.
The one main problem with not haveing a wrap function in cad is when you make the model when you extrude the cut it lines up with the center of the part, then when you goto cam the center of the tool lines up with the center of the part refer to Al vid on bad toolpaths pasted above, Xander says about it as well.
I can give you a example of a part that wraps way more than 360