No arguments from me on using oil finishes, Axeman... I use them all the time.
Wudtone is an oil and wax based product after all.
The only problem I have with using T O is it is full of silica,(incredibly finely ground up glass) and although it is a brilliant product for rifle stocks, (which it was invented primarily for), the use of any product that contains silica on musical instruments may lead to some serious issues down the track, not to mention affecting the tone by clogging up the pores with glass.
I have read many glowing reports about using T O on Guitars on many forums.. But...
Some of my colleagues have had Guitars that were stripped and re finished in T O come into their workshops for repairs some years after being re finished.
What they found is it was nigh impossible to re glue nuts, replace finger boards and the like because the silica in the product resists glues.
One found that the T O had penetrated between the finger board and neck, possibly causing them to separate but definitely rendering the whole thing non repairable.
I don’t particularly enjoy raining on any ones parade, I probably should have spoken up earlier but it is not my place to tell people what finishes they should use, rather it my place to guide and assist you.
At the end of the day, those of you who are using T O may never experience any problems and will enjoy the high gloss finish it gives
Personally though, I am not a fan of the high gloss as to my eye, it reflects so much light that it has the effect of masking rather than enhancing the grain and figure of timber.