I agree with pallen. I've been using White Lightning on the KHS and it's kind of pain to deal with. It makes a royal mess if I'm not super careful, and then you have to wait for it to "dry" and wipe off excess, etc. etc.
Pallen what do you do after you fish the chain out of the wax? Wait a minute until the wax cools enough to where you can handle it by hand? Do you hold it over the pot during that time to let any excess wax drip off? I can see the benefits of leaving the chain on and draping it through the wax, so just trying to think of how your method works in case I want to try it.