Probably not the most ideal thing to use, but any good reason not to use it? I know from experience it does a good job attracting debris into the pivot, but if I limit the amount to as small as possible while attaining the smoothness I want it's generally a non-issue, especially on clipped knives. It's just something I've always kept around and it's very inexpensive. You could get a lifetime supply (Assuming you only used it for knives) for a few bucks. Anyone else do this?