I picked up a couple fixer-uppers from an antique mall to teach myself honing & how to rescale.

Pics of the one with the worst rust can be found in my album here on SRP.
http://straightrazorpalace.com/members/crawler-albums-photos.html

First, the reason for this thread. Then, related questions.

What should I use to protect my blades from rust? Less expensive is preferred, as is readily available (like at wally-world or The Lowe Depot or even local specialty shop). It would also be nice to have something that didn't require removal before shaving.

Considerations:
- WD-40
- Barbercide
- Camillia oil
- Baker's (mineral) oil
- Olive oil
- Some sort of polish like you get from kitchen cleaners isle, home goods isle, automotive isle, etc. in a big box store.

Are these good at warding off rust? For moderately long term storage? Needs to be wiped off before shaving? Won't cost something like $4+ per ounce? And I'm open to suggestions!


And now for the related tangent!

It's mostly pitting with a bit of black gunk. The only real issue for the other is warped scales and a chip roughly 1mm in diameter.

Cleaning and rust mitigation seems like the proper noob restoration place to start. My course of action will be 0000 steel wool & WD-40. Will this obliterate the "hollow ground" etching on the pitted ERN? And is the WD-40 gonna keep the blade protected in the meantime while I build up my honing & restore gear over the following months?

Dang! My "question shotgun" is out of ammo...

Sincerely,
Crawler.