Thanks all!
Well a little wood glue and some dust and I managed to plug the hole up pretty good. Asked the wife to grab some black and light brown leather dye today in the city but all they had was dark brown so figured I'd just try that out to see how it comes out.
Couple coats of dye applied
Some 1200 grit sanding to lighten up the high points
Then a couple minutes with both tripoli buffing wax and carnauba wax.
Things I learned, Watch the depth of the chamber when meeting the air hole, chamber bit needs to be a fair bit smaller for the blocks I have in order to have thicker walls, and don't use the belt sander to shape the stem. The coarse grit on my sander made some nasty marks that are there for good on the stem. Over all I'm happy with the turn out. Helps keep the interest and definitely make me look forward to trying again.
Now to load up some PA or CH and give it a go