Hi,
Staining is an art and science. It pays to understand a few basics. First, aqua fortis was used on many period guns and brings out grain and figure nicely with the added bonus that it does not fade over time. It is not hard to apply and would be a fine choice for your project. It is acid and water based, which means it oxidizes the wood and in that process carries dissolved particles of iron into the wood fiber rather than coating it with color. That means it does not mask the figure and grain, rather it accentuates it since the colorant is absorbed more in the softer wood and less in the harder wood. I believe LMF is a pigment stain. Pigment stains are particles of pigment (like paint) suspended (not dissolved) in a binder. The particles of pigment are deposited into the pores of the wood coloring it. However, they also mask grain and figure somewhat and they may fade over time. Water, alcohol, and oil-based dyes are a bit more like acids in that they molecularly bond with the wood and do not mask grain or figure, rather they enhance it like the acids. Many, such as aniline dyes, are very fade resistant but not nearly as permanent as the acid-based stains when exposed to UV light. My suggestion, if you really want to bring out the grain as best you can, is to use aqua fortis or some other water-based acid stain or a water-based dye. Jim Kibler does a fantastic job with plain wood demonstraing how it can be stunningly beautiful using a combination of stains and some light glazing.
dave