I misunderstood your tone about latigo--interesting to hear that you used to use it. I brought up the strop connection because I have a latigo strop myself. Works fine, but I believe, as you say, that nicer strops are more often made of other materials like horsehide. I'm trying to imagine it on a boot now.
Fascinating stuff, about suede! I was mainly just curious about conditioner--I'd never heard of anyone doing such a thing.