As I read Dan & Randy's posts I'm remembering a TF horror story I heard years ago, where a 5 year old frame, exposed inside, with stick frame infill, had to be torn down. Moisture laden air found it's way through cracks at the stud wall/post intersections & condensed on the inside of of the exterior wall & rotted things badly enough to cause the demise of the frame. Of course, the original houses were more air/vapor permeable ( i.e. they leaked) so this wasn't a problem. I think good detailing, proper venting & wise choices of vapor barriers & their placement should keep this from being a problem with your project. Good luck.