Correct, but when most people ask about wd40, they mean this:


...and it's been hashed to death, and the general assumption is not to use it as there are much better products on the market.
http://www.bikeforums.net/bicycle-me...lubricant.html (there are endless posts about it on this forum)

Why WD-40 is Bad for Your Bike Chain - Bicycle Tutor Video

Bike Chain Cleaning and Maintenance - REI Expert Advice