With much excitement my build is underway. First, the body. Nothing exotic, USACG alder strat. Deciding on finish, here's how it went. OOoo vintage cream, reRanch sells that...I can just spray it on... OOOOooo transparent white with gold anodized pickguard.. I can just spray that on. Yes! rubbing and buffing, I dont mind that.. Then the realization of, its cold and damp out, and nitro would stink up the house and I have no spray booth. Then I found out about Tru Oil. That sounds cool, wipe it on.. easy.. I balked at ordering it on line. I like to support the locals. So I went down to the gun shop. They were closed for the next 3 days to go duck hunting. So I ended up at Lowes. I decided on a pine stain (body looked a little too Ikea) topped with Formby's Tung Oil Varnish. I was unsure about my decision, but put the stain on (over stain prep) and dove right in. After 3 coats of the Formby's, I'm doing more research and actually feeling more confortable with my decision. Tru Oil is apparently a oil varnish blend, lots of people us it with much success. Formby's is a wiping varnish. The wiping varnish is better for my situation as the body has stain on it and the wiping varnish will block UV (damages wood, fades stain). It should also hold up better. Tone, who knows, I'm shooting for as thin a finish as possible, so I should be on par with most.
If you are thinking about putting an "oil" finish on your neck or body (guitar) you should read this.
http://www.popularwoodworking.com/features/finish2.html
An oil finish sounds like a good idea but functionally...? Dont know. I would have rather stuck to the original nitro idea for the body, but not practical in my case at this time given the limitations.