I don't use a fly sheet because my horse sweats crazily already, even just standing there, so I don't really want to put anything on him. Most of those sheets rip pretty easily (compared to a turnout blanket) so if it did catch, I'd expect it to tear right off. Of course, you definitely want a belly band to it.
I like any fly boot that is light coloured, has stays to hold it up (prefer stiffened nylon to plastic), and nice velcro. If they're $20 or less, don't buy them (I learned that the hard way!). I just saw some in SmartPak's catalog that I like, let me see if I can find the link...
Here they are! http://www.smartpakequine.com/productclass.aspx?productClassId=2292&GCID=C11284x040

Solaris -- 16 hh Appendix Quarter Horse = MY DREAM COME TRUE!