Originally Posted by yeamac
I've seen this same statement posted here on BF before. But I also read elsewhere (can't recall where) NOT to use Automotive grease on bikes because that is designed for high temperature and has different properties (perhaps thicker) and is not as good for use on bikes. Sorry I don't have a link to post, but google and maybe you'll find better information on the topic.
Temperatures aren't that different - I've been using trailer bearing grease for a few years now to pack all my hubs, and had wonderful results. I would also think white lithium grease is a little thin for the job - though I've heard of track racers running oil in their bearings on race day, I'm not sure that's the best for durability purposes (besides, it leaks all over the place which can be dangerous). Lithium grease is great for just about every other part on your bike, though. Pretty much all my screws are rubbed with it before installation.