Thanks Lumber, thats a good idea. ;D
Ok, went ahead and played with the power tools today. Pulled off the teak, sanded down, what a pain. Went out and picked up some teak cleaner. After sanding, I scrubbed it all down with some simple green and dish soap. After that, I spayed it up good with the teak cleaner and scrubbed the hell out of it. After it was dry, I sanded a bit more and then hit it with a tac cloth, then stained. I went with MinWax....only 5 bucks compared to West Marine Varnish for 27 bucks. >:(
The wood is looking pretty good. Hoping to find some Man-o-war for the final finish coat. Cant seem to find it anywhere. If it all comes out well, I'll be pulling off the teak cuddy rails on the bow and doing them up the same way.