Hey Deadlurtz could you edit that last post? We're not supposed to post profiles as GW could get the O-R in trouble. Thanks
As to glazes, they are very thinned washes yes. But you don't just pile it on the figure and let it go into the creases, as you don't want that. Normally you dab off the majority of the paint onto a piece of paper towel, then apply the glaze to the raised edges. Glazes are normally used to get very smooth transitions, as well as subtle variations in the same colour. (A coloured glaze or two on a sword blade to give it some colour, some purple glazes on a figures face to give it some depth, or some brown glazes on grey clothing to give it a little bit of variation and warm it up.)
I haven't really used glazes myself, so I'm not necessarily the one to speak. You could send a pm to macgothmog or tidoco and specifically ask about glazes and see what they have to say. They would definitely know more about them than I would.
Hope I helped