Paddler
Some of your errors come from Flexner... Among the many things to look for are his descriptions of the differences between oils... There are precious few... Tests of cured tung oil show zero water resistance, exactly as much as linseed...
Look for descriptions of matting agents... and support for their use. I could go on and on...
Solvent content, both type and cut, is huge on finishes where water resistance matters.
Surface treatment is where the luster and matting should happen. Manufacturers need to keep their formulas secret to protect their marketing angle, though competitors need only analyze a sample to know what they use.
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