Good quenchants will rely on many factors, thermal extraction through conduction and convection being high on the list. These are strongly influenced by viscosity, fact- heating an oil will lower its viscosity and increase it quenching ability. Conduction is strongly influenced by the direct contact the medium can make in its total coverage of the quenching surface; that is why vapor jackets can totally defeat the quenching action. Then the medium has to have the ability to move the quickly away into the cooler volume surrounding it. I could go on, but I cant believe I have rationalized this as much as I have
Would lard or solid fats be a conductor or an insulator? What is its purpose on many animals? How does a semi-solid goo jive with the proven principles mentioned above? How does one agitate goo?
Why do I feel I know better than the file test? Because I have spent too much time looking directly at the inside of blades quenched in stuff that passed the file test. For me the whole goo thing has always been a much more interesting study in human psychology than quenching technology.
I left that last bit as a rhyme for style, kind of like the late Johnnie Cochran