Hi, interesting. I am in the painting stage of a model of Lilka an old boat kit from Poland. There is a balsa roof and the sanding to shape is easy then I used thinned varnish a couple of times which stiffens the inevitable sticking up balsa wood filaments. I then mixed up some filler and spread this where needed. Then more varnish.
The filler pack I had by me had a white filler and a white hardener! Crazy idea as you would never know if it was adequately mixed. To overcome this I squirt out the hardener and then a dab of any colour enamel and mix them and then mix with the filler. Easy to see if it has mixed up correctly.
Then sanding with 600 grade wet & dry repeat again and then painted with white Humbrol enamel. This was done 3 times in all with the wet & dry inbetween. The last coat was a Halfords acrylic Applance White spray and it came up with quite a good finish.
So substituting yacht varnish for dope works fine and I know I can spray acrylic on as a finish. I find buying relatively small amounts of varnish OK as otherwaise eventually there is a hardened and unusable inch of varnish in the bottom of the tin.
I have found the Yacht varnish on sale in Poundland very good, I invested in 4 tins (125ml) when the prices were a pound, but things move on!
Roy