i do pretty much all the brightwork at the boatyard i work at. we almost exclusively use original schooner. haven't used the gold since we're so happy with the original. its user friendly, glossy and durable. its a traditional varnish, so you'd be starting out with thinned out coats, and then applying full strength. one coat at a time, with sanding/scuffing in between.
its time consuming, but it looks great and stands up to to the powerful bermuda sun.
i have no doubt there are many great alternatives to schooner.