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Very true.
FWIW, I work for a local judge's office, and perform maintenance duties on equipment including emergency generators, etc.
When I started, WD-40 was used on all padlocks, door locks, etc.
No rust, but the insides were so varnished over that they would hardly work. The CAT guy almost voided our warranty when he found out about WD-40 being used on parts of the generator.
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