, don't let this thread wander to the great debate again over varnish vs. cetol or whatever!!!!
I am just refinishing all my exterior teak with the Cetol "Natural" and am very pleased so far, although I don't find it to much lighter than the Cetol "light", but then most of my teak is 25+ years old
I sanded everything down to bare teak, applied 3 coats of "Natural" and two coats of "Gloss". She looks great IMO. I wouldn't even think of using any of the others again, even the light.
From now on I am a Cetol Natural & Gloss man all the way, or no teak at all.