I also melt anhydrous lanolin (get it by the plastic tub) in my Ed's Red and unlike everything else in ER, it's good for your hands when you clean off whatever you use to get it out of the tub. I believe it makes the ER a reasonable anti-oxidant layer in bores of shotguns. I like Balistol on revolvers inside and out but don't really worry much about exteriors of long guns as long as they're wiped down with something oily. I used to do the bearing surfaces of break open guns with Vaseline mixed with 3-in-1. Currently, based on rec here, I use the heaviest Mobil 1 racing oil I can find and at least it stays where I put it whatever its other miraculous qualities.

jack