Finishing question, what do yall think?

Hey everybody, I am working on a Manzanita Burl bowl and have a couple questions about the finish. I have turned the outside of the bowl and have sanded it down to 220 grit. I then took a brown paper bag and kinda polished it with it turning on the lathe. I really don’t know why I did that. I just had a bag laying close by, picked it up and rubbed the bowl with it,haha. I guess I thought it would remove the dust. I really don’t know if it did anything special to the bowl, but it does seem to have a little shine to it like you would get after polishing. I dunno. Anyway, I am really liking the way it looks and the way it feels (warm and natural). I don’t want to put any finish on it at all to be honest, but I have never just left a bowl unfinished and don’t know what the consequences are. If ya’ll do suggest that I put a finish on it, I have got some beeswax that I have been wanting to try out, but have no idea of what the finished product looks and feels like. Has anybody used beeswax? What can I expect if I don’t put a finish on it? What can I expect if I use the beeswax?

The bowl blank is full of bark inclusions and some pretty serious checking. It has dried to about 11% moisture content right now. Here’s some pics, just because I like looking at pics when someone is asking about something.haha
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! http://i818.photobucket.com/albums/zz109/EZ1980/manzinitaburl001.jpg!
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-- -Zeke- "I hate to rush off, but I gotta go see a man about a log"