It's useful in places, but more like silicon oil than a lubricant. Still, it's a good lube and sometimes you want to apply it, but when I think of "grease" I think of something with at least NLGI 1 and maybe NLGI 2 consistency, which is NLGI. 0, maximum. Anyway, if you know what you're getting, I don't think you'll be disappointed, but I think you should find another name for it, or at least make it clear how liquid it is. (Luckily I read the reviews so I knew what I was ordering.)
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