I know some people leave the nodes alone, but I reduce them slightly, without flattening them, like Dean describes in his video. Pretty much just enough to smooth them over a bit. Beyond that, you only need to remove enough of the waxy rind to give yourself something to take stain and/or finish. I use one of those thin spongy sanding pads more than anything. It takes longer, but you have to sand the tiny ridges down anyway after a scraper. I use progressively finer grits as I go, and quit when the surface is just dull and feels smooth everywhere. Kinda like sanding drywall joints, when you think you're getting close, you may have just gone too far.