Well, a number of possible answers here...
1.) humidity. My little corner of western mass is usually fairly humid, and it doesn't hurt that my mom's one of these italian housewife's so there's always sonething simmering on the stove. I've since returned to my (painfully dry) campus, so leaving it out overnight probably did the trick.
2.) i steel wool'd it after the first coat, not after the second.
3.) thickess of the coat- yeah, i put it on fairly heavy, although that's what the package suggested. It said brush or rub on a generous coating, then after 5-10 minutes buff it lightly with a clean lint-free cloth, let sit 24 hours, and then coat again as many times as desired. The first coat completely got soaked in- the second is now a very
4.) Other possible complication- the guitar shop i go to didn't have any "guitar-specific" tung oil, so i grabbed a small bottle of "Minwax" (if i'm remembering it right) tung oil intended for furiniture refinish. It's possible that it's not pure
tung oil, and maybe there's some other laquer-like elements in there... but doubtful, the package made no reference.
Anyway, it does feel a bit better today... after rehearsal tonight i'll probably take off the neck and sand it lightly with 0000 steel wool and see what happens...
Anyway, my main reason for refinishing was to make the neck a little less susceptable to weather-related warping, as i was having to redo the setup every time a storm passed through after i stripped it, so i don't want it ENTIRELY bare... We;ll see.