Cue maintenance is fun, I sometimes wish milk duds didn't last so long!
I refinished my shaft tonight. It is a McDermott from 1995, got it on ebay for $125 shipped. The thing was in great condition. I didn't notice at first, but the shaft is actually curly maple, has some really cool stripes/waves on the entire length of the shaft. I had no idea they even made curly maple shafts but they sure look neat. Some idiot knocked it over the first time I brought it out (was way out of the way in a corner) while I was in the bathroom. I picked up my "minty" cue and it had sand all over it and minor dings in the shaft from the concrete floor. I was pissed.
I took the finish off with various sanding films, getting ever smoother until 3 micron film. I then used a wet paper towel and soldering iron and they came right out. I let it dry and burnished it a bit, then repeated the finer papers to deal with any raised grain. I used felt and industrial lens cleaning paper cloth to burnish. The shaft came out great, smooth as glass and renaissance wax gave it a beautiful finish. I was mad that it got knocked over but the shaft is 10x better now than it was stock. I just love the finish renaissance wax gives, it's kind of got a luminescence to it that looks especially good in lower light like in a pool hall. The thing just about glows!