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Yea rig is probably best for long, long term storage on firearms. Just a lite coating with an impregnated paper towel for storage in the safe, I have never use it on razors, never felt the need.
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PB works great on rusted nuts and bolts, just let it set a bit.

I like Ballistol, the smell grows on you, kind a like Hoppe’s. It does work well.

I only oil razors that go in storage, the rotation is kept dry and after use, allowed to dry open, overnight....