>>3479 Not sure where you're getting 'water based' from for WD40, but you're wrong.
It's a bunch of light oils (too light to be much use as lubricants, good for washing existing lubricants out of places) and a bit of something viscous and oily to leave a residue once the light stuff evaporates away (hence water displacing).
This. WD-40 was invented during WWII for weapon and machinery maintenance especially in adverse conditions. It is a light oil that is good at dissolving rust and grease-based dirt, but as a light and volatile oil, it tends to be quite poor at keeping moving parts lubricated permanently.
You should also never use WD-40 on things like motorbike or bicycle chains, because it can remove a chain's inner lubrication which, once washed out, is very difficult to replenish.