Depending on humidity 8 hours or so can be a long time between coats and will give a somewhat rougher finish, which some like. The good news is that if you don't it can be sanded smooth and refinished, but if you do decide to go that route, you may also try sanding it lightly, removing about 1/2 to 3/4 of the finish, then apply a coat of cold blue and then scrub back with fine steel wool. This gives a finish that looks like a well used but not abused gun that a lot of folks seem to really like these days. If you don't like that look you could sand back to bare metal and start over.