It came out good, sure it may have a little scorched spot. I used to work for a chef who said it was just his oven giving him a kiss when he got burnt. This is one of my favorite things to do with a leather sheath. Normally I leave it in for ~10 or 15 min on the lowest setting and then wet form with melted beeswax. It can be a little messy, but the end result is like you said. Retention like kydex.