For
interior coatings that have no UV exposure there is no need for Honey Teak. I do use it on the UV exposed interior surfaces of hatches, etc. Otherwise for interior
work, for me, nothing beats a tung
oil based
varnish .... and then hand-rubbing with either rotten stone or various grades of pumice for ultra high quality finishes. For dazzling interiors I prefer a 'heavy resinated' Tung Oil/Seal (10-15 coats) then hand-rubbing (for irridescent 'patina' development) .... almost looks like a 'french polish' if done well.
On exteriors you can 'hand-rub' Honey Teak ... but who wants to make all those Hinckleys turn green with envy?
for exterior work, the initial cost of HT is indeed very high; but, when you compare the total cost and labor of Cetol, varnish,
Paint, etc. the HT allows more sailing time and for me cheapest overall (~6 years) $$. I dont think that I'm going to get more than 6 yrs from my HT without major major
repairs and will probably bite the bullet and totally redo it.