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I recently switched to Ballistol as my primary CLP and have been pretty happy with it. I don't grease the rails on my pistols and haven't noticed any abnormal or accelerated wear while using Ballistol. It is a fairly mild cleaner so if you have some heavy duty copper or powder fouling, you will probably want to use something stronger. For everyday cleaning after range trips though it has worked well.

I do still use Hoppe's and grease on my M1. It seems sacrilege to not do so.

Two areas where I've noticed that Ballistol seems to shine and that is in removing cosmoline and black powder / corrosive ammunition cleaning.

Be warned though, the smell is weird. Like a combination of black licorice, wild anise and dirty socks. Some hate it, I just think it's odd.