I've been using Rock n Roll Extreme for years now...Regarding waxing chains, after using Progold for 10-15 years, I wanted to try something new. Didn't like WPL's lubes and my cycletouring friend recommended Squirt. After trying it, I was sold on waxing, even having neved used the crockpot+parrafin method (yet, but I just bought a cheap crockpot).
Riding in Eastern Canada, we get all conditions, and the nice thing about waxing is that nothing sticks to the chain. I don't do it to save watts or anything, but if it does, then that's a plus, but the fact that the chain is always clean is awesome.
I just run my mechanical chain cleaner without any cleaner in it on the chain when the bike/chain is dry, just to remove the dust/dirt, and reapply Squirt if needed. The next day it's all dry and ready to ride for many rides. I can go 6-8 wet rides without reapplying.
Now I'll see if the crockpot+paraffin method is even better. The only thing I didn't like about that is cleaning the new chain with brake cleaner of other harsh stuff (I wear a 3M chemical gases respirator while doing it, outside), but I've bought the Silca natural enzyme cleaner to try. Since it's time consuming, I just do 3-4 chains at once and I'm good for a little while afterwards.
So I'd say the chain waxing trend is something that's right in the industry. You can do it for cheap with a 4$ parrafin block, cheap cleaners, or go all fancy, but it's just much less maintenance between rides.
Same approach: wipe chain after every ride, run through a dry Park chain cleaner, then reapply for one pass on the inside of the chain only. works well for me in all conditions. no residue on the cassette, and very little to none on the chain. On wet rides over two hours I find it'll wash off, and on my city bikes it doesn't last much more than two weeks per application...
Coincidentally, MEC has Squirt now. Maybe I'll grab some. Always up for some lube testing.
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