WARNING! Another Chain Lubrication Thread!
Just to weigh in on the waxing vs oiling debate - a lot of people use liquid wax because they say that the reason hot wax is melted is to get it in liquid form so it can reach all metal surfaces of the chain.
I think that's false, I think the real advantage is that it can reach those areas and, unlike anything liquid, can stay there for a long time, not attract dust and not ruin your clothes.
I just waxed my chain after a week of wet riding and it's DEAD silent now!!!