You said it: PITA. Once a year is enough for us. Going through the process every three months! Yuck. Getting everything out and putting everything away is not my idea of enjoying "cruising". However; I had an Uncle that said when I worked on Construction " I take huge loads and make less trips". If it is working for you then fantastic. I understand if she's talking about Cetol. However, I've not known anyone to refer to Honey Teak as mud and you can put wet on wet. 4, 6, or 8 coats in one day. Now that's building up a base; IMHO. How many years did you have the varnish on before you "stripped" it?

Go Slow
Sail Far
Stay Long

ps Where is the PV?