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In this video tutorial, the presenter discusses the differences between wiping stain and penetrating stain, both of which help preserve the natural color of wood by preventing fading. Penetrating stain is recommended for unfinished interior wood surfaces, while wiping stain can be applied to a wider variety of surfaces, including unfinished wood, previously finished wood, fiberglass, and metal. Wiping stain, which is oil-based and thicker in texture, is particularly effective on woods like maple and cherry. The video emphasizes the importance of selecting the right stain type for specific woodworking projects.