It works well, but I am paying a little extra to keep the money in the motorcycle industry. It is "spray oil" and is good at lubing footpegs, shifters and other moving joints, as well as keeping that unplated 2-stroke pipe lubed up after washing.
Displaces water well. I put this on after washing my drive chain and it keeps it from rusting. Seems excellent for pre-lube as well since you don't have to use the normal amount of lube once you spray MPPL. Good stuff. Highly recommend it.