Steph blue--I have a kiwi as well. It looks like you haven't done anything to the wood yet--I didn't want to varnish mine, either, so I use oils to keep it hydrated. It's a good idea to put some kind of something on the wood, so that it doesn't crack or anything.
Your yarn looks lovely! I am also curious as to what the fiber is.
I really wish I could keep my wheel unfinished, but I asked the husband and he said we would have to stain it or something.
The yarn started out as this merino roving I bought off of etsy.
http://www.etsy.com/shop.php?user_id=5903388This is what it looked like when I bought it.

Tonight I finished spinning this stuff and plied it with itself. I'll get a pic for you guys later.