Johnson's Wax Test, Tumble Lubing Techinque
Johnson's paste wax is OK with light boolits at low velocities in .38spec & .357mag. (120-160gr, with 158: under 800fps in spec, under 1000fps in mag, with UNQ, alloy: 1/2 pure & 1/2 lino). I did not find it more accurate than Liquid Alox, but the differences in group sizes in the two revolvers I tested with were not great. They became pronounced as pressures increased, however, and the wax ones began to lead up badly while the alox were fine up to listed max for the powder. I had some on hand for use as a protective coating on my table saw and joiner tables and figured I'd see if it worked. I did not test it with any rifle or larger handgun boolits, so I have no idea of how it works with them.
One thing about tumble lubing, though, the size and shape of the container make a big difference. I use a round bottomed margarine tub (the brand with the little ears of corn on it, can't remember the name). I put in no more than 100 small boolits or 50 longer rifle boolits at a time and swirl them gently until there is a uniform coating. Hurrying, shaking, or rough handling causes dents and dings and often poor coverage in the lube grooves. If you have to put the top on the container when you do it to keep them all in, you are not doing it right - too many, too rough, or both. Even containers with a flat radiused bottom bounce them around too much, and I would never, ever use a hard glass jar - the bases get damaged, especially plain based but even gas checked ones, and swc hollowpoints can get nose damage.