I use a nearly "instant gratification" finish which may or may not resemble the aforementioned. Simply the old "barracks soldiering" concoction equal parts BL, turps, beexwax melted in double boiler (actually use a baby food jar in pan of water and make it in that quantity because that's all I need and there's some loss of volatiles each time opened)and colored to requirements with shoe polish. I'm not much for taking everything down to the wood. I have done the laquer thinner wash treatment and sometimes it leaves enuf slush for filling pores, rottenstone on felt on cork smooths everything up and cordovan (or whatever) waxy buildup is the topcoat. I also add a little Simichrome to the mix on a cotton rag which I keep not quite forever but sometimes until it's worn thru in a 1 lb. plastic snapon lid coffee container. Good sheen and renewable but the BL is permeable and supposedly rots wood. On the other hand, beeswax isn't and doesn't IMVHO. I don't worry too much about posterity here because I'm also permeable and coffee does about the same to me and I'm also more or less renewable every morning despite being at that age when one realizes that many concessions must be made to the length of human life.
I tried something similar with parafin and linseed on some rustic furniture years ago and the result was a mess of sticky, bleeding linseed, but something about this combination makes a thin coat "set" such that's there some build when buffed a few hours later. There is never any linseed "bleed" even from a gun kept in a hot automobile.
jack