Jeep, I make a lot of wooden swimbaits and I have not had any problem with sealing any of them either with D2T or DickNites. Actually, I like the DickNites best as it is extremely thin and does penetrate the wood very well. After I have sealed each section I re-drill hinge pin holes if needed, assemble sections, paint, then clear coat with the DickNites. When I clear coat I make sure that I get a good drop of clear on top of hinge pins to ensure seal. I have not had one problem with water soaking into wood (knock on wood) but I really think that this is due mostly to the DickNites. This stuff is a breeze to work with - no mixing required, plenty of time to coat any size bait before it begins to set up, hard as nails, does not yellow, and really makes a paint job jump out at you. The only thing that I have found that comes close in the sealing dept. is MinWax wood sealer, but I don't think it works as well as DickNites and it sure doesn't harden like DickNites.
David