I've heard of this Militec-1 stuff.. billed by some as a CLP replacement for deserty areas. I think this stuff would be great on a bicycle chain, as it supposedly does not pick up sand etc if properly applied, and is fairly long lasting, and provides corrosion resistance. However, I'm not sure if it would be able to resist water wash-out in the rain--but many other lubes don't either.

On the other hand, I think it might be a little too thin for bicycle shocks, which often need a thicker oil or grease. Again, try to find the manual for your shocks to see what it says.