As others have said, and according to Osmo's USA customer service, the only difference between Polyx-Oil and Top Oil is that the Top Oil has a greater proportion of solvent than Polyx, and that Top Oil was actually submitted for, and passed, testing for food safety by the European authorities. Testing is expensive and the company did not submit the Polyx-Oil product line for food safety testing.
After a trial with the "little can", I became a convert. So when my little can skinned over for the second time I bought a 750ml can, which I have transferred to a StopLoss Bag. Hopefully this will preserve the material indefinitely, as that's how long it's going to take me to use it all. It onlly requires a very small amount, maybe a tablespoon, to put a coat on a typical turned bowl.
My application method: Surface prep is sand to 800 or 1200 grit and clean off. I then dab (or drizzle from the stirring stick) a tiny amount of Polyx on the corner of a 1 or 2 inch square of a white non-woven pad. This is then used to spread the Polyx around. I make note of the time I start and the time I finish applying, wait ten minutes, then re-spread and wait another 5 minutes. Then wipe off and hand buff. Things I make aren't amenable to motorized buffing, but if I could I would give it a try, don't see that would hurt.