I have tried several and so far like 505 best. Your wrinkles may have more to do with your method than with the spray. There are a number of threads and tutorials on the board about how to use basting spray.
Edit: Here is a link to a tutorial that might help:
http://www.craftsy.com/blog/2013/03/...g-your-quilts/
There are variations. For example, you can lay down the batting first, then position your top on it, fold down half the top, then spray baste half at a time. Use a yardstick to reposition as necessary until you have a smooth surface. Turn the entire thing over and repeat the process with the backing fabric.