They're looking much better, especially the red one!
I would wait until they're both finished drying before doing any more coats of CPR. The black one probably won't need a third coat, but the red one might benefit from it. When completely dry, buff the bags with a horsehair brush or micro-fiber cloth. Then apply a light coat of Blackrock and wipe with a paper towel. You may see a tiny bit of color on the paper towel, but if so, don't worry. Once the Blackrock dries completely (one day at least), buff again. I've never had color transfer after the bag has dried completely, even if it bled a lot in the water or onto the towels while drying.
It's easier to work on turnlocks and d-rings if you remove them. You can polish the metal (including the buckle) with very fine steel wool, others have used a dremel. You can also request replacement turnlocks from
Coach for free (
[email protected]). They come with instructions.
Those screw-in d-rings look OK to me, but if necessary, they are easy to remove, clean and reinstall with a tiny screwdriver - just work carefully so you don't accidentally gouge the leather. I had some that squeaked, so I had to remove them to put conditioner on the posts, which solved the problem.
ETA: the stiffness will diminish once the bags are totally dry and buffed. The bag will get much softer as it is worn, too