As others have said earlier -- beautiful job there! Your solution will undoubtedly last for many, many years. However, it's not the way to go if Randy wants to keep his teak "naked" as a non-skid surface.
Randy -- I am also going to tackle this headache this winter. There are a few pretty useful threads from earlier in the year on how others have elected to go. Don Casey's got an opinion (I can't remember if it's posted on the BoatUS on-line library or not, but you might want to look there.) Good Old Boat has info on-line as well.
I'm seriously considering buying a Fein MultiMaster tool with the right blades -- but will see just how onerous the job is simply using a utility knife and a bent screwdriver first.
Best of luck,