I am a frequent ARS user, it's my go to finish.
I typically sand to 150 and slop on the first ARS coat heavy using a foam brush. Contrary to good finishing principles, I go back and re-brush the really wet parts that aren't soaked in within 15 minutes or so, basically re-spreading the finish into dryer/thinner areas. It's never been a problem for me on the base coat doing this re-brush and I tend to get all the grain filled on the first coat. Wait a day, lightly sand to 320, then the wipe-on coats start, with a "320 hand sand - vacuum - air blower - tack cloth" between coats.
I don't think you need to over think the application of ARS, it seems to work well no matter how it is applied, which I suspect is why so many people love it.
Regarding ARS over cherry, it's a little too light for my taste. A coat or two of garnet shellac under the ARS looks pretty awesome, although I am surprised how fast the cherry is darkening in my living room.
Ask me in 5 years if the garnet shellac was a good idea.
Living Room Remodel-2.jpg
I made some QSWO end tables coated in just ARS about 5 years ago. Still looking like new. Granted, a coffee table will get more abuse.