My experience with wood and blued guns is that CLP breakfree is a LOT better at rust prevention than any wax. Extreme tests done with salt water spray and such confirm that. Me standing in the rain deer or elk hunting with antique Sharps and Krag rifles also proved it, they are totally corrosion free inside and out, under the wood too. The military used oils and greases for 400 years or more on arms, so that's what I still use. No wax on steel.