White Lightening is a wax-based product that contains solids (you can see this in that the stuff is opaque) and, as a result, it works almost instantly. But, repeated use of it has been known to "gum up" a knife.
Militec-1 bills its product as a "surface conditioner". It contains no solids (which is why you can see through it). But, it is supposed to bond chemically with the metal surfaces and reduce the coefficent of friction. Warming the surfaces helps accellerate that chemical bonding process. This is also why Militec-1 takes time to work, why you leave it on overnight. It's also why this stuff takes several applications to throughly bond to the whole surface. The first time I used it, I was unimpressed. Initially, it seemed to make the knife slower and sluggish. The next day, the knife was back to normal, but just normal. It was, however, suggested to me by none other than Vance at Benchmade, so I stuck with it on my balisongs and also on my AFCK. It was on the AFCK that I first realized just how good this stuff is. After the second application of Militec-1, the next day, I took that knife out of my pocket and opened it as usual. I heard the click, but didn't feel anything, none of the usual sensation of the blade moving. I thought something was wrong... maybe the liner lock was broken. But when I checked the knife, I simply realized that it was now as smooth as polished glass. And it just got better.
Balisongs react equally well to Militec-1. It is on balisongs that I realized the endurance of Militec-1. In just a few minutes, a balisong artist can cycle the joints on his knife more times than the average folder gets cycled in a year. No other lubricant I've tried has lasted as long as Militec-1. The more you use it, the better it gets.
Now, as to a squeaky Model 42, I suspect that your screws are set to tight. Even with no lubricant at all, the thing should not squeak. Try loosening the screws just a fraction of a turn.
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Chuck
Balisongs -- because it don't mean a thing if it ain't got that swing!
http://www.balisongcollector.com
