Hello Bill, I don't know how well everyone will receive this, but I just thoroughly clean a fly reel and use a light touch with a reel grease of choice on moving parts, especially the spindle. I use Q-tips to make sure there is no dirt or old grease in the spool where it fits on the spindle. Again, a light amount of grease seems better and I don't use oil. That just seems to wind up elsewhere collecting dirt and debris.

I've been using Vaseline for a while now on my Pfluegers and that seems to work just fine. Try experimenting with various viscosities of reel grease and see how your Pfluegers feel and how long the grease lasts. Oh and make sure the drag mechanism is set up correctly and adjusted for what is called startup, i.e. when the vigorous fish hits hard, you want the reel to begin letting line go with as little hesitation as possible. Happy Pfluegering Bill !

Cheers,

MontanaMoose