I love the way the Danish oil brings out the grain, but it also darkens it quite a lot, doesn't it? I'm not sure what brand you use; Watco Danish Oil, now apparently owned by Rustoleum :-( , is available everywhere here in the US. Lowe's has it in 3 varieties: Natural, Medium and Dark Walnut, although Watco makes several other colors. Is the Danish oil you used a Natural finish, or does it have a stain mixed in?
I want to use a rubbing type finish on my pear wood model, and don't think I need to change the color, really. But I agree with another poster that I really want to be able to glue planking over frames that are already finished, to be sure I don't miss anything, etc. Don't care about water-based or not, but I'd hate for it to have no adhesion.
On furniture, I've used Tung Oil, Linseed oil (a LONG time ago) and wipe-on varnish. I want a satin finish or less, no gloss, and definitely no brushes involved. Well, no brushed finish as a final; it's okay to apply with a brush, then rub, etc.