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This video tutorial discusses the differences between wiping stain and penetrating stain for woodworking projects. Wiping stain is versatile, applicable to a variety of surfaces including previously finished wood, fiberglass, unfinished wood, and metal. It has a thicker texture compared to penetrating stain, making it suitable for woods like maple and cherry. Penetrating stain, on the other hand, is ideal for unfinished interior wood surfaces, helping to preserve the natural color of the wood and prevent fading. The tutorial emphasizes that choosing between the two depends on the specific requirements of your woodworking project.