Originally Posted by Abe_Froman

I've been using a waxed chain for about the last 2500 miles or so.

I like it, though I wouldn't quite recommend it in a place that truly gets winter, if you are going to ride through salt/snow/slush, etc.

Benefits: Chain is never dirty. You could generally grab it with a white cloth and not have it stained. Certainly not enough dirt would transfer to stain a normal pair of pants. Less maintenance (caveat: once you've got a chain stripped of grease and a dedicated crockpot ready). Tested to be faster than an oiled chain by a few watts.

Drawbacks: Initial setup. Not bad...basically process that the OP showed, though he went slightly overboard with the grease strip IMO. I let mine soak in mineral spirits in an old water bottle overnight, with an occasional shake. Rinsed it with simple green, then water, then let it dry in a hot garage. Chain is slightly louder than a freshly oiled chain. Not the greatest in wet climates. TBH, it really doesn't perform any worse as far as I can tell in the wet, but the issue is that just like an oiled chain..you've got to re-lube much more frequently if the chain is getting wet repeatedly. So basically riding through snow makes an oiled chain and waxed chain have to be relubed about just as often.

Re-waxing a chain is not bad at all. But it is more time consuming than slapping some oil on a chain. It would be a pain if you had to do it every few days rather than once a month. The process for re-waxing is basically: use a quicklink to remove chain from bike. toss it in a crockpot full of wax. Leave it there for a few minutes, then take it out, cool for 5 minutes, and put it on the bike.