I'm way to lazy to deal with periodically fine sanding the neck, applying a coat of oil, and a coat of wax (and all my instruments pre-date the whole satin finish / unfinished M.O.), so I just stick to gloss lacquered necks, and a rag.
But those unfinished necks do feel amazing, when properly maintained.
Like I've already mentioned here and in other threads, there's absolutely no need for that if you take your time to do it once for good - meaning - sealing the neck with Tru Oil. I also like a bit more protection on my necks with lacquer and some sort of hard finish, so I added 10 layers of Birchwood Casey Tru Oil on my Stingray neck. Do a coat or 2 max per day, and the Tru Oil (which is a varnish) will harden and provide a nice smooth feel. Especially after you add a coat of Gunstock Wax once you're done with Tru Oil. Build up as many coats of Tru Oil as you want. Satin? No problem. Glossy? Build em up! Neck doesn't get dirty now, and NO sanding thank you very much.
