One of the resources I researched suggested the tape so the caps don't come loose in storage potentially drying out the slants. It's cheap insurance against losing a strain in my library I suppose. I may skip wrapping the unused slants next time around since it's a bit of a PITA to tape up 20 slants at once.
Canning the wort is simple, just fill jars about 80% full with 1.040 wort (you can use leftover wort from brewing diluted to 1.040 or just mix up DME and hot water to dissolve). Put on a fresh canning lid and loosely screw on the ring. Load the jars into a pressure cooker with about 1" of water in the bottom, heat to 12 PSI, and hold for 15 minutes before allowing the pressure cooker to cool for about 45 minutes. Remove the jars making sure the lids are tight, and ensure that the jars do vacuum seal properly. I had a few jars that didn't seal last batch which I stuck in the fridge and re-boiled before using for starters.