Re: What to use?
I just spray 'em with a little Fantastik or 409 and then wipe 'em down with a clean cloth or paper towel.
Most of my reels are pretty well sealed so I don't have to go into them and re-lube. However, the bail bearings and spring can get stiff and slow because they are on the outside, so I have had to take the bail apart and oil it. Make sure you know exactly how the bail spring goes in and hooks up, or you may be in for an hour of cussing before you get it back together.
As long as you are cleaning, it doesn't hurt to spray some cleaner on a paper towel and wipe the rod down as well. It should come out looking like new. For grimy cork handles, rub them down with a pad of extra fine steel wool (#0000 or #000), they will clean it up without taking any cork off. Have the reel off the rod when you do this, so tiny filings don't get into the reel.
"Walking Eagle - too full of **** to fly."