Yep Larry ....... I read the spec sheets too. I assume that it is also plastic safe even though they don't specifically mention it for the "Dry" formulation, and again they do make a point of calling out petroleum oil, and one would assume some form of solvent must be in there to keep the paraffin dissolved, which then evaporates to leave the Teflon in a dry state.
Certainly I'll be trying it out, and if it works reasonably well it may become my mainstay, though it could be hard to tell how well it is working what with all the graphite and silicone already in place.
I may also be looking into their Red Grease, as there are some gears enclosed in housing where dust may not be too much of an issue, but Teflon on plastic gears could be a good thing, as graphite near electric motors and connections is not!