I just started using the powdered Moly Lube. I purchased two four ounce cans from T.S. Moly Lubricants in Houston, Texas. The grade of powder I purchased was Fine, and Technical Fine. You can use either to coat your bullets but I chose both grades to experiment with as a lubricant.
This stuff works best if you burnish into the metal, which I did with the sears, hammers, triggers and springs on my 1911s. I also used it on the slides, with one of the pistols being an aluminum framed Colt Commander. Wherever I saw wear I burnished the lubricant in. In the end I would say it is very smooth. Not slick to the point of being able to slip the hammer off the sear but smooooooth. The Commander had a 4 lb trigger pull on it but you can't tell that now. The government model was down to three pounds but I'm not so sure anymore, it is so smooth I really can't tell except that it breaks when you want it to.
I used to use 20-50 motor oil for all my gun lubricating purposes and probably still will even on top of the Moly Lube, especially if I'm going to go out and shoot up a whole bunch of ammo.
This stuff is like a graphite powder. I applied it with q-tips and just worked it into every crevase and place where there was wear. I think it works well, and for the price I paid I sure have a heck of a lot of lube left that will last me for a long time. Just my 2 cents worth. Mikey.