I like it!! I bought some originally to try to restore a very large motorcycle lock that had lost it's youth, and discovered that I liked it for many different uses!! I bought some cans of spray grease, which has a solvent like WD-40 so it really penetrates. But the spray is serious over-kill for knife pivots.
It has two main drawbacks; it can collect dust and grit, and it can be VERY messy. So.... If you're going to use it in place of oil, use it SPARINGLY! Did you get that?
SPARINGLY. For the pivot of a folder, I put it on with a toothpick and spread it around. It will stay a good long time.
The other drawback is that it's messy in exposed places. There are many good lubes that dry to a film. Grease is NOT one of them. I'm only using it in places where I won't come into direct contact with it. But for those... it's great!!
There are several different greases available, but for non heat or saltwater uses it doesn't make a difference which you choose. Wheel bearings need one type, and marine environments need another, etc. Knife pivots don't care which you use; lithium, urea, Moly, etc., etc.,
But the upshot is, that old motorcycle lock of mine is acting friskier than brand new brass, a back to doing its job of protecting my ride. My EDC jumps out of the handle when I need it to. Grease works.
Stitchawl