Thanks, all. Can't say that it's essential, but the tools in my shop (drill press, table saw) will pick up some surface rust powder if left unwaxed for long, so I thought it might be a good precaution. Just getting starting with the whole process, so don't have any personal baseline to use other than the observation with my tools. Don't want to rely on chance, but it sounds as though it's seldom an issue anyway.
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