What do you do when you have to replace the fascia and not the roof?
That is why I&W goes on top of the drip edge.
Hands down, I have to agree with
dmc@RCR. The I&W should always be draped down the roof decking and onto the fascia; approximately 3-4 inches. This prevents any and all water and/or ice migration from getting onto the roof deck or into the soffit.
If and when the need to replace the fascia arises, you have to remove the gutter apron and cut the I&W to remove the gutter so you can get the the fascia anyway... Then, once the fascia is replaced you reinstall a narrow strip of I&W up under the starter shingle and over the existing I&W (that you just cut to remove gutter) and back down over the fascia as previously noted above.
This is how I've been doing it on new residential construction homes for the past 7 years, and how I've done it throughout my construction/roofing career for the past 30 years. :thumbup: