I'm not sure why a thread asking about Flax oil vs Linseed oil got derailed into an advertisement for canola oil...
My experience and study of raw Flax oil, Heated Flax(polymerized linseed) and processed Boiled Linseed.
Raw Flax seed oil- Will stay oily quite a while, not be drawn into wood as well. May go rancid smelling in warm humid environments. Takes many thin coats over a couple weeks. Protects well.
Polymerized Linseed(Heated to 572f etc)- Penetrates wood really well. Won't get rancid. Dries fairly quickly. Takes a few thin coats over a couple days. Protects well.
Boiled Linseed- Penetrates wood well. Won't get rancid. Dries quickly. Takes a couple thin coats over a few hours. Will glob, gel and get gummy if applied too thickly or too quick between coats. protects well.
For things that may touch food I use- Walnut oil. Tung oil.
Here's a good breakdown from another source- Vermont Wood Studios

My experience and study of raw Flax oil, Heated Flax(polymerized linseed) and processed Boiled Linseed.
Raw Flax seed oil- Will stay oily quite a while, not be drawn into wood as well. May go rancid smelling in warm humid environments. Takes many thin coats over a couple weeks. Protects well.
Polymerized Linseed(Heated to 572f etc)- Penetrates wood really well. Won't get rancid. Dries fairly quickly. Takes a few thin coats over a couple days. Protects well.
Boiled Linseed- Penetrates wood well. Won't get rancid. Dries quickly. Takes a couple thin coats over a few hours. Will glob, gel and get gummy if applied too thickly or too quick between coats. protects well.
For things that may touch food I use- Walnut oil. Tung oil.
Here's a good breakdown from another source- Vermont Wood Studios