Would you take a damp sponge and brush it across the blade face so you got a tiny layer of water on your blade? Would you do that on purpose?
I see no reason to do that ever. Especially when the only thing that is INCONVENIENT about the OIL BASED product is that it takes a little longer to dry. I can wait 12 hours for the sealant to dry. And I feel like the original oil based versions actually work better.
The water based products are "cool" and interesting from a science standpoint. Once the product is dried it is no longer water soluble or it would not seal the wood against water penetration. What they have done is a chemical process that makes it so they can suspend the Polyurethane in the water and once the water dries it is no longer water soluble.
If there was something that showed me that that process made the polyurethane better or stronger, I would be okay with it. But I would still rather have the polyurethane disolved in a chemical that actually is a solvent for the substance rather than one that really isn't. And the oils that are solvents for the poly are 100% fine for the wood. Whereas, regardless of what you say, water is not so great for wood.
So, it is fine if you like waterbased sealant. But those are my reasons for not wanting to use them on wood even if I think the science behind them is pretty interesting.
BTW: if you use water based glue on a raw wood blade (no sealant), the blade will, over the course of several rubber changes and re-gluing the rubbers onto the blade multiple times, the blade will start feeling duller and will start playing slower.
So the people talking about how sealing a blade will change the feel are neglecting the fact that NOT sealing the blade and gluing rubbers on with glue that is "dissolved" in water, (similar chemical process - those glues are not water soluble after they dry) will also affect how the blade plays. And in the long run, gluing with water based glue will impact how the blade feels much more over time than using a sealant will.
Another detail that should be looked at: if sealing the blade changes how the blade feels, does it:
a) make the blade feel BETTER.
b) make the blade feel WORSE.
c) make the blade feel a tiny bit different but not really better or worse.
And if you put one really thin layer of sealant on a blade, would anyone on this forum really be able to feel the difference? The thicker the layer of sealant, the more it will change the way the blade feels.
But something to note: Stiga has a set of blades with what they call NCT coating which is basically a THICK layer of sealant that makes the blade feel a little harder, and a little crisper. Those NCT blades feel great. Did the sealant make the blade feel better or worse?
Really, each person would feel something different so, it depends on your perception. Some may feel the blade feels better after sealing. Others, the opposite. But most won't even be able to tell the difference.