I spray the wd 40 onto a cloth then wipe around the side plates and the reel seat I dont spray directly onto the reel or inside the reel, I should have said that in my reply save any confusion.
for the rocket fuel yes I was one of the gullible anglers stewart that purchsed a bottle after it came recommended by my local tackle shop, had it about 3 years now just used it couple times tend to use 3 in1 oil
always used 3 in1 oil on my guns when I used to go shooting.