HSMITH,
There are reams of information about the so-called "Felix Lube" and how to mkae it on castboolits forum. The only problem I see with it is that it's so soft. Probably great for rifle bullets that are loaded one round at a time, but definitely not for handgun rounds loaded on progressives.
I agree with you on LBT Blue, but I have used Rooster Laboratories "Zambini Red" with results just as good as the LBT Blue.
Try it, you'll like it.