All true. I'd also agree that tung tends to give a better surface build than plain boiled linseed (but that's not really saying much.) I'd also agree tung is the 'harder' of the two but the downside is that also translates to a bit of brittleness that makes tung more prone to surface damage (including routine wear) than BLO. Even when fully dry BLO is much more plastic, which is why BLO was used in paints up until modern chemistry gave us the alkyds, and seems to resists wear and tear/ minor damage better. I prefer BLO on anything that is going to get rough use, and tung on things like interior woodwork, especially to avoid the yellow tint that comes from BLO. Tung (probably because of that added hardness) also gives a much finer/nicer 'satin' appearance when rubbed out, BLO can look fine for more rustic stuff, less so for anything high end.
As far as when to apply subsequent layers, dry to the touch is the best standard without any further experience. Yes, it still may not be totally dry, but until you get a feel for the process and the products, there really isn't much else to go on. That same gummyness can occur when you rush applications of shellac, with oils I find it to be most problematic when there is any solvent present - as it is the migration of the solvent between the older and newer layers that seems to create the most problems. Personally I only use solvent for the very first layer, which I also apply warmed (warm the oil, then add the solvent, then apply) and only apply as a fairly moderate layer (I'm not one of those 'saturate the wood' people.)
There are probably as many variations to true oil finishing as there are wood finishers, The true beauty of these finishes is that they are amazingly forgiving, and with enough time and effort will most always yield something acceptable if not downright good. I have a theory that part of the wonder of oil finishes is directly related to the very physical nature of the process, especially all of the non-abrasive rubbing action, which alters the immediate surface of the wood in ways that other finishing techniques do not.