Sheet mulching is a great technique. I've done it in several places, and it works great. The biggest problem is crabgrass (the really aggressive type that spreads via runners). When I've sheet mulched crabgrass-covered areas, especially when I've done a sloppy job of covering it with cardboard (you really have to overlap the cardboard quite a bit), the crabgrass comes back in spots and you have to keep pulling it here and there for the subsequent years. The other thing is that there's basically no such thing as using too much tree trimmings -- the most recent one I did was about 2 feet deep, and it's looking good so far.
Sometimes I inoculate it with garden giant mushroom spawn, but it's not really necessary.