[quote=Joe Wood]"
Good luck repairing these "modern" finishes! The real beauty of a traditional oil finish is it is so easy to repair or restore it. It must have worked quite well in the crappy wet climate found in England. Otherwise they would have gone to a varnish or something else."

I agree 100%. If you have a really good, dense, hard, close grained piece of wood to work with there is nothing better than a traditional oil finish from the standpoints of beauty & ease of touching up & the lack of water resistance issue can be dealt with. Unfortunately, not all wood is like that & sometimes you need to work with what you have.

Most older guns wore wood chosen for the suitability of the job over pretty figure in mind. Currently, that is not always the case.