I have buffed one of TM's horse hide strop myself. When I dressed the strop with a glycerin based saddle soap, the nap was partially lost but the effect was to leave the surface much like the old time Russian strops.
This is much the same as Latigo that has been well pumiced and soaped, i.e. textured but not rough with good draw and with the ability to bring and edge on very quickly or regain a failing edge.
PuFF
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