Was perusing a couple of sites and ran across HBN (Hex Boron Nitride) Coating. Seems there are some interesting benefits and they are using it in match shooting jacketed bullets with good results. David Tubb seems to like it along with selling it so that lends some credibility.
http://www.davidtubb.com/bn-boron-coating
So it appears this stuff is impact tumbled into the surface of the bullet. This got me to thinking that would work real well with a cast lead bullet. But I'm not sure if the lubrication would work with lead.
Some more reading...
www.chuckhawks.com/hbn_dry_lubricant.html