As for what should you use it is a matter of personal preference. I choose to use hypoid gear oil. (sparingly)
I find it lubricates and protects well and cheaply. I have tried waxes and sprays but prefer to use gear oil, a little and often. I always apply a few drops and work it in with a rag so as to restrict throw off. The manual says every 500 miles I believe, I choose to do it when it is dry not stick to numbers.
No doubt others will have other ideas, do what you think best and works for you.
I like the white sprays for normal use. On the road, I take along a small squeeze bottle of 90 wt gear oil and grab a paper towel to wipe down the chain. I lube the chain after riding in bad rain or wet conditions or real dusty conditions. The rain conditions happen a lot along the Gulf Coast so I lube a lot more often than every 500 miles.
I clean the chain with WD 40, wipe it down with an old rag, then spray on chain lube for o rings...I use PJ blue that I got from newbonneville.com but any will work...stop at a local shop and buy some....Every 500 miles
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