I dont know where you guys are getting your linseed oil but the stuff I have does dry and it hasn't oozed once.
Ditto... maybe folks are putting it on too heavy, and/or not letting it dry long enough between coats. Or maybe it's old in the can? I don't know if linseed oil has a shelf life; I usually buy a fresh can any time I use it.
"Drying " in this case, of course, really means "polymerizing;" the molecules link together to make a solid finish. I flood raw wood with thinned linseed oil, keep rubbing it in until I don't see any dry spots, then wipe it down well. On following coats I apply a thin layer, rub it in with my hands until it's warm to the touch and feels almost dry, then wipe off any excess. Lather, rinse, repeat... Yeah, it's a lot more trouble than something like Minwax. But I like the results, and the ritual of applying it can become almost a soothing mini-meditation.
The traditional advice for a linseed oil finish on furniture was, "once a day for a week, once a week for a month, once a month for a year, once a year for the rest of your life."
If you're going back to touch up linseed oil, which is easy to do, remember to remove any wax on it. I won't use a wax with silicone in it, because it's almost impossible to get rid of it if you want to touch up or recoat.
add: on the second coat, I usually apply it with #600 wet or dry paper, and lightly with the grain, before rubbing it down with my hands and wiping it.