Qualifications: im a wood enthusiast diy’er and I’ve larch clad a shed, featheredge profile, fixed with stainless ring shank nails onto battens. I’ve also worked with cheap softwood t+g from wickes (saying that it cost more than the larch from the sawmill, but it was definitely “cheap carp”)
Comments:
Yes pre-drill holes whether nailing or screwing. Essential at board ends to avoid splitting when putting the fixing in, but should be done throughout at a diameter slightly larger than the fixing to prevent cracks when the wood contracts. Eg 3.65mm nail, 4.5mm drill.
Yes annular ring shank. Only key word missing from your spec is “stainless steel”. Essential. Sometimes described as austenitic.
Gasket seal? Sorry no idea.
Finish: I’m with wbo On this. Larch is an excellent choice of timber because it doesn’t need treatment to maintain its integrity and it’s beautiful as it weathers and silvers.
Things you haven’t mentioned:
Batch up/template the pre-drilling operation. Use templates/jigs to ensure consistent spacing. Use a story stick and/or mark up the battens to keep rows level and even as you work up.
Big thing: expansion. Wood moves. Lots! Predominately on the width of a board. To illustrate the point; You don’t want your timber to expand after fitting such that the gaps close up to nothing, and (more likely) you don’t want your timber to shrink after you fit it so the t+g joints turn into clear air. You need to judge the moisture content of the the timber as it arrives on site, vs the moisture content once it’s installed, and through the seasons. Chances are, the timber is air dried, which will make it a lot wetter (bigger) than it will be when fixed to a sunny wall. But if it’s kiln dried, it might be nearly as small as it’s gonna get. Judge the T+G board spacing appropriately.