Wow, VERY nice!
I've got one about like what you started with...
pinned the handle, then did a lot of filing and stoning on the karda, and sanded down the handles,giving them quite a few coats of tung oil (Minwax brand). I hand sanded down the big blade, first it was only gonna be 320, but then it was 600. Don't have any power tools, but I have given it another go with 1500 and green compound. Still some few deeper scratches remain, but it's not bad. But then the sickness set in. I think you have it worse than I do.
I checkered the wide ring on the handle (thanks for the tool Pappy!!!), and off and on have been trying to fill and level the rosewood. But I just can't seem to fill the grain on this stuff. Is the Tru-oil really that much better? It seems harder to deal with than the usual saatisal wood.For some reason the rose wood on this villager seems a lot more difficult to get the final finish on.
Anyway, you have inspired me to keep on trying, but I've not got all that much time, since it's gonna be given away at the holidays. However far I get, it's OK, as it still looks passable, and I will demand that the recipients USE it, but I appreciate any thing you can tell me about any differences you encountered in getting the finish on the rosewood.
Maybe the Tru-oil is really that much of a superior product....
Again well done, and like you I think that there is a beauty hidden under these utilitarian villagers waiting to be drawn out. And you Sir, have done it.
EDIT: Oh yeah, the buttcap on mine was a little loose too, I got some epoxy under it and and pinned it with a short bit of 3/16 brass rod which I filed/sanded down flush.