Thanks for sharing your experience. I had an almost identical experience a month ago. I also used the Bearded Butcher recipe except I used 10 lbs venison, 2.5 lbs fat. The other ingredients were proportionally identical. I had left a package of pork fat in the fridge for several days since I knew I was going to be using it and it was spoiled when I got it out so i ended up using 1lb pork fat and 1.5lb beef fat. I initially blamed some of it on the beef fat but from what you are describing it sounds about identical to my results. Also done on traeger with similar smoke schedule.
Mine also had an extremely strong (untasteful) smoke flavor. I would have used 2 oz of the Walton’s Hickory smoke powder in my 12.5 lbs of meat per the Bearded Butcher recipe which I later discovered is about 4 times the amount recommended on the package. I’m assuming they must have used something less potent.
This was my first attempt at hot dogs, lots of very useful info in this thread. I’m thinking of trying again, using a binder and trying to Sous Vide them since I’m using a cellulose casing and they are not benefiting from the smoke anyway.

I was feeling pretty discouraged after my first attempt but this thread got me motivated to try again. I did a 5lb test batch last weekend using 4lbs venison, 1lb pork fat. I used the Excalibur hot dog and Bologna seasoning this time along with sure gel and cheddar cheese. My XXL doesn’t go below 150 so I put them on the top shelf above the snack sticks and summer sausage I was doing. I took them to 120-130 and then dropped them into 170 degree water (Electric roaster) It took about 20 minutes to get to 160 then ice bath. I couldn’t believe it but they turned out amazing!
Best of luck to you ToddDSheppard !

Tex_77 This is very helpful for a newbie like me. Thank-you!

Jonathon I’m still learning on my XXL but I really like it so far. It doesn’t cook quite as even as I was hoping it would. Back wall is definitely hotter with the back left corner being the hottest on mine. The nice thing about the XXL is the racks are so easy to pull out and rotate to help even the cooking.
I don’t have very good pics of the finished products but here is what I have