Greg
I don't think there is much difference between selenium toners. Selenium will give blacks a bit of a punch, so some of that 'wet look' will come back. Archival protection does not come without color change, I'm afraid, unless you are using silver stabilizers such as Sistan. However, some toning is always better than none. Rule of thumb is: if you can't see a color shift, you don't have protection. But, this statement is too simple and there are exceptions. Toning is a complex subject.
If you can deal with the odor, consider direct sulfide toning in addition or as a replacement to selenium. Sulfide offers more archival protection than selenium even if briefly toned, and you can keep the color change with MGIV-FB so minimal that you need a direct side-by-side comparison to see it. Using sulfide and selenium in sequence is also a nice option and provides attractive split-toning effects. Which toner to use should also be directed by aesthetic considerations and not archival objectives alone. Selenium is good (in my opinion) for architecture and industrial photography. Sulfide is better for portraits, nudes and landscapes.
If you are concerned about archival properties, don't forget that selenium toning must be followed by a full wash since it contains thiosulfate (fixer)!