I ran out and bought a can of butcher's, found it at ACE hardware, I used the Magic eraser/alcohol, then put the shaft on my mini lathe, and applied a thin even coat of the butcher's wax with the lathe turning, the friction/heat seemed to drive it into the pores of the wood. I let it dry for five minutes, and buffed it off with a dry towel. Results were great, the only thing that is odd about butcher's wax is that is has turpentine (per the can) in it and now my shaft smells faintly of "pine tree"
I also tried this process without the lathe, and the shaft ended up a little tacky, i think generating enough heat/friction with the wax is key. So to those that don't have a drill/lathe beware, your shafts might end up a little tacky, in my short experience with the butchers.