Barry,
The product I used on this last guitar was from M.L. Campbell and is their Eurobuild catalyzed urethane product. It comes in several sheens and I used the "wet look". The mix ratio is 2:1. I have used their gloss sheen in the past which doesn't require a sealer as it is self sealing. The wet look requires the sealer. These products are post catalyzed, meaning you add the catalyst at the time you are ready to use it. Once the catalyst has been opened the left overs have a very short shelf life.
Also, this is not an evaportaive product like regular lacquer. In other words, it will build in layers instead of burning into the previous one. There is definitely a learning curve when going from an evaporative product to a reactive one so consider this if choosing this type of product.
With this type product you can usually finish a guitar in a week or less. I have even sprayed one day and buffed the next. However, at least a couple days of cure time gives better results.
I used their sealer under the topcoats and it sanded very nicely. Even the topcoat sands back easily between coats and is easily leveled/buffed.
In my finishing DVD I talk about catalyzed urethanes and even give a resource of where to buy from a company called ILVA. This is an Italian company that sells through Camger here in the States. This is a self sealing 2 part urethane post catalyzed at a 1:1 ratio.
Either product will work but I am partial to the ILVA brand.
I hope this answers your quesitons.
Happy Finishing!