Cap'n Kramer:
You will find a wide range of opinions on various aspects of finishes. It all depends on how you want your model to look. Having written that, your model looks to me like you didn't sand enough because you started with too fine a grit. I would start with 220 grit and work down to finer grits. As far as sealer, some folks like to use a primer. Others prefer to apply the topcoat directly to the wood. If you're referring to a sealer over the color coat, that is usually to be avoided. The more coats of primer, topcoat, and sealer you apply, the more blurring of details. A typical thickness for a coat of paint is 0.0025 inch. At 1:100 scale, that translates to 1/4 inch. In the end, it depends on the type of wood you use and the look you want. When it comes to degree of gloss, there is one strict rule: museum-grade models cannot have gloss finishes. If you want a matte finish, use matte paint. If you want to learn about weathering techniques, observe what modelers have done to plastic models of aircraft, cars and military armor. Some of the work is quite amazing. Weathering is principally applied over base coats of paint.
Fair winds!