Hi Mat,
Funny, I didn't notice you had expressed the cut in a ratio, I just read your meaning and knew what you were talking about. Thanks for sharing your experience with layering Newbaum's and shellac penetration, that's a big help. I'll stick with a 1 lb to 1.5 lb cut for the first few applications to make sure the first layer gets its share of shellac. I've seen twine shellac'ed with a 3 lb cut which didn't penetrate the twine at all and flaked off within a month's use. I'm doing all this on albatross bars with bar end shifters, so I'm planning on taping from shifter to brake lever, then from brake lever toward the stem.
I have a tan leather saddle, so I'm planning on taping with either copper or burnt orange Newbaum's shellac'ed with amber-caramel Kusmi #1 buttom lac. I almost went with a warm dark brown button lac paired with chocolate Newbaum's, but then I would have convince my wife I needed a a new brown or black Berthoud saddle. That really wouldn't go over too well. ;-)
I may try your idea of reverse wrapping the bottom layer of Newbaum's, at least between shifters and brake levers, sounds interesting!
Thanks again for all your info,
John