I have it an applied it to the leather seats on my Nissan 350Z. It's a great product. It initally seemed to be very glossy after initally applying it but after a few minutes the look was that of a very nice stock matte interior. A little goes a long way.
Great product. Give it a try. You won't be disappointed. :dblthumb2:
I have it as a free gift from AG. Just like what you have mentioned, it seems oily/wet and glossy, but it will turn satin matte after a while.
I have applied it to all the leather seats, previously using Opt Leather Protectant. I am still keeping OLP for dash trim and door panel. The reason being that, both products give natural satin matte looking, but the touching is different.
OLP feels just cool and dry, which I feel it is bad on seat as I will slide away easily with a slightly heavy cornering attempt, much more worse for rear passengers.
Black Label wise, it feels slightly lubricating wet (don't get me wrong, it isn't exactly wet, but just touch feelings as compared to OLP), it feels just nice to apply to seat, no more sliding away.
Therefore, OLP on dashboard, door panel, steering for me it worked better. The dry and clean feel especially for steering is much appreciated. Initially I am too happy to apply Black Label to steering and armrest, only to find that I got tricked by the coating feeling as if I am sweating while holding my steering wheel, as well while resting on armrest.
However, on the seats just right just nice.
P/S: Not sure if it is just me, you do need to soak the MF applicator after applying Black Label Leather Coating a bit before dumping it to wash with MF cleaner. The coating although fine but oily. The first time I dump straight into washing machine and it is still oily after a wash cycle.