Ready Seal is becoming my stain of choice on fences...
This stuff looks great with 2 light to medium coats with no backbrushing.

Chris of Quality Finishing

We love Ready Seal!
Mike of Everclear Cleaning Services, Inc.

Why use anything else?
Reed of Reed’s Deck and Fence Care

Workability is great, easy to spray... Ready Seal has an average spread rate with a heavy spraying application at about 100-125 sq. ft per gallon. Penetration is the high point I think, with a massive absorption rating... Ready Seal has deeper penetration than anything I have used thus far. I liked the initial color and the color now after it is starting to settle. In comparison to other sealer/stains I would say Ready Seal has the most furniture like finished look that I have encountered with really beautiful grain accents. Think I might be moving towards Ready Seal exclusively.... Another thing I liked was that even with a really heavy wet on wet application there was no matting or sheen at all, unlike a linseed oil that is very easy to see an over-application. 2 thumbs up for Ready Seal from me.
Aaron of Alpha Craft

Consider applying a high-quality semitransparent stain like Ready Seal... These products have fine pigments that help overall durability.
Extractive Bleeding On Cedar Siding. (Q&A).
The Journal Of Light Construction, May 2003

"If you have any wood that must remain in place, treat it with the stain called Ready Seal. It locks the toxins, even CCA (copper chromated arsenate), into the wood and gives it a good appearance."
Dangers Of Veggie Gardening Around Railroad Ties.
(Q&A). Howard Garret, The Dirt Doctor, May 10, 2002

penetrating oils, such as Ready Seal... easy to apply... are the best finish for decks.
Build Outdoor Projects To Last
Better Homes & Garden Great Outdoor Projects 2001, Page 20

Some penetrating oils, such as Ready Seal, contain loads of ultra-violet inhibiting pigments, ground to near-microscopic levels... These tiny pigments, in sufficient quantities, effectively block the bulk of the UV rays from reaching the wood.
Exterior Projects
Better Homes & Garden Wood Magazine,August 1999, Page 74