yes, it looks awesome. It won't work well with alder. Alder doesn't have the beautiful grain ash has.
Thanks for posting this BLS, this got me thinking. There's this product in the Netherlands they call stain, but it really isn't. It dries pretty hard and I'm planning to use that on an ash body in the near future to get that effect.
No, Thank You for telling me how that finish was done. I cant wait to try it.