Sorry to resurrect an old thread, but...
Some other folks and I (including custom knifemakers) were talking about Frog Lube last week, and whether it would be good for protecting knives during storage and shipping... one of our concerns was the reports of the strong minty smell, and whether or not that would gross out our customers, especially when sending them kitchen cutlery. (the food-safe aspect of it is what really interested me in the first place)
I ordered a 4oz jar of the Frog Lube CLP paste and received it a couple days ago. It definitely smells strongly like Pepto-Bismol. But after applying it to a couple blades and letting them sit out overnight, I can't smell it on them. I also licked 'em (I know, that's kinda gross, but how else would I know?) and I can't taste it either. You can kinda sorta tell there's something on them by touch and appearance, but it doesn't feel greasy. I don't think you'd even notice it was there if you didn't already know. :thumbup:
I haven't done any corrosion testing on/with it yet, but other people's results I've seen here have been pretty dang good. And it does not turn a blade into a stinky, oily mess. So... so far I'm pleased. I like it better than mineral oil or machine oil, for sure.
Haven't had time yet, but I plan to work some into the moving parts of my crusty old gunked-up Leatherman and see if it helps loosen the grime in the pivots.